*By Max Godnick* Uber redefined the ride-hailing industry for driversーnow it's adding another level of convenience to the passenger seat. Last week, the company launched an exclusive global partnership with Cargo, the in-car commerce platform that allows drivers to sell daily essentials to riders. The service was already live in seven U.S. cities and has expanded to Los Angeles and San Francisco as part of the new deal. The announcement marks the next phase of growth for Cargo, which has close to 8,000 drivers and has seen its fleet expand by 35 percent month over month since its rollout in 2017. "The fastest way for us to really scale our platform and get Cargo into the hands of as many drivers as possible is to do it through Uber themselves," said Cargo founder & CEO Jeff Cripe in an interview with Cheddar on Monday. "We were united by wanting to provide the best in-car experience possible." Uber drivers in Los Angeles and San Francisco can now collect Cargo boxes at driver support locations called Greenlight Centers. The boxes are filled with snacks, electronics, and cosmetics that customers can purchase. Cripe noted that many Uber drivers already offer these products but must pay out of pocket to do so. Now, they can provide the same serviceーbut make money, instead of losing it. "What \[drivers\] recognized in us was a partner that could streamline that and put that money back in their pockets as opposed to taking it out," Cripe said. Cripe says drivers have, combined, made more than $1 million and sold over a million products to date. He added that those behind the wheel also tend to see their passenger ratings rise once they start using Cargo. But will passengers be willing to spend on food and other items if fares surge? Last week, Uber sent emails to its New York customer base, notifying them that its services may grow "more expensive and less reliable" if the city approves [new regulations](https://cheddar.com/videos/new-york-could-pump-the-brakes-on-ride-hailing-apps) for ride-sharing companies. While New York is currently Cargo's largest market, Cripe says he's not concerned. "I don't necessarily think any fare increases or decreases will have much of an effect on us." As for the future, Cripe says the company is paying close attention to Uber's plans for self-driving taxis. He explained that autonomous fleets would require a system for unattended merchandisingーbut he revealed it's a reality he's preparing for. He also sees more opportunities for entertainment, gaming, and connectivity. "We want to establish ourselves as the leading provider of in-car service for ride sharing," Cripe said. "So, when autonomy does roll around, we're the best logistics provider in the market." For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjEzMTg=).

Share:
More In Technology
RapidAPI Raises $150 Million to Empower Developers to Innovate and Build Software Faster with APIs
API platform RapidAPI recently became a unicorn with a $1 billion valuation after raising $150 million in a Series D funding round led by Softbank Vision Two Fund. Microsoft's Venture Fund, M12, and Andreessen Horowitz also participated. RapidAPI says it provides the world's largest API hub which enables millions of developers and companies to build software faster. Iddo Gino, founder and CEO of RapidAPI, joins Cheddar News' Closing Bell to discuss.
Behind Meta Pivot on Name and Ticker Amid Fears of Approaching Recession
Facebook parent Meta officially has changed it’s ticker symbol from ‘FB’ to ‘META’. Paul Meeks, a portfolio manager, Independent Solutions Wealth Management, and a professor of practice in the Baker School of Business at The Citadel, joined Cheddar News to discuss why the tech giant has had to make big changes to its name, its ticker, and its business plans. "When you see what's happening in digital advertising — and there was a slowdown there even before the threat of a recession, which could cause a even more drastic slowdown next year — they had to pivot," he said. Meeks noted he sees Facebook dominating in the metaverse space going forward — whatever that may end up being.
Want to Get in on Long Distance Dating? Bumble's Shan Boodram Has Tips
In a recent Bumble survey, more than a third of respondents revealed that they would be willing to date people in other cities. Shan Boodram, a sex and relationships expert for the app, joined Cheddar News to talk about the long-distance dating trend and tips on how to go about taking part. "I think this is the magic of what we experienced over the past couple of years, is that we have already learned the tools necessary to stay connected with people despite not being able to be close to them," she noted. Boodram also pointed to Bumble's travel mode and using video conferencing in order to ease into such relationships.
Plant-Based Way to Quit Smoking; Innovation in Stroke Therapy
On this episode of Cheddar Innovates: CEO of Achieve Life Sciences discusses a new plant-based compound that's being used to fight nicotine addiction; President & CEO OF DiaMedica Therapeutics explains a new ischemic stroke treatment option that expands the window for effective therapy for stroke patients; Cheddar gets a look at Curiosity Stream's 'Asteroid Rush.'
Hot summer could lead to rolling blackouts
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
Load More