In this pan zoom image, an Uber logo is seen outside the company's headquarters in San Francisco, California on May 8, 2019. - One of the early promises of the ride-hailing era ushered in by Uber and Lyft was that the new entrants would complement public transit, reduce car ownership and help alleviate congestion. But a new study on San Francisco has found the opposite may be in fact be true: far from reducing traffic, the companies increased delays by 40 percent as commuters ditched buses or walking for mobile-app summoned rides. (Photo: JOSH EDELSON/AFP via Getty Images)
Image Credits:JOSH EDELSON/AFP / Getty Images
Startups

Uber launches private chartered boats in Mykonos

Uber’s getting into boats. Well, more into boats than it was previously.

At Uber’s third annual Go-GET product event Wednesday in New York City, the ride-hailing company announced that it’ll soon launch boat travel in Greece, giving vacationers — and boat lovers — the opportunity to book a boat directly via the Uber app.

Uber Boat product selector
Image credit: Uber

The boating option will allow up to eight people to cruise to destinations around the island of Mykonos. That’ll be the first supported location in Greece, with potentially more to come in the future.

Uber has offered other boat products before, including the brief “Boat to Work” program in San Francisco way back in 2013 and more recently, Uber Boat in London, which is primarily for commuters. The London route is technically a partnership between Thames Clippers, London’s commuter ferry service, and Uber; tickets to Uber-branded ferries can be booked through the Uber app. 

But Uber says that Uber Boat in Mykonos is unique because it’s a private charter for the customer and their guests. And unlike Uber Boat in London, it’s not owned by a third party. Sport and live entertainment company AEG originally owned Uber Boat in London and sold the majority interest to Northleaf Capital Partners last year. 

Uber is perhaps feeling the pressure to expand into new markets even as ride-sharing rebounds post-pandemic. In Q1, the ride-hailing company’s first-quarter earnings came in above estimates, driving shares of the company to rise 7%. Uber expects to post operating income profitability this year and keep its workforce flat after headcount fell in the first quarter.

Topics

, , , , ,
Loading the next article
Error loading the next article