[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Viole

Kazakhstan Just BETRAYED Russia - Takes gunpowder out of Putin’s Hands

Why CNN & Fareed Zakaria are Wrong About Iran and Trump

Something Is Going Deeply WRONG In Russia

329 Rivers in China Exceed Flood Warnings, With 75,000 Dams in Critical Condition

Command Of Russian Army 'Undermined' After 16 Of Putin's Generals Killed At War, UK Says

Rickards: Superintelligence Will Never Arrive

Which Countries Invest In The US The Most?

The History of Barbecue

‘Pathetic’: Joe Biden tells another ‘tall tale’ during rare public appearance

Lawsuit Reveals CDC Has ZERO Evidence Proving Vaccines Don't Cause Autism

Trumps DOJ Reportedly Quietly Looking Into Criminal Charges Against Election Officials

Volcanic Risk and Phreatic (Groundwater) eruptions at Campi Flegrei in Italy

Russia Upgrades AGS-17 Automatic Grenade Launcher!

They told us the chickenpox vaccine was no big deal—just a routine jab to “protect” kids from a mild childhood illness

Pentagon creates new military border zone in Arizona

For over 200 years neurological damage from vaccines has been noted and documented

The killing of cardiologist in Gaza must be Indonesia's wake-up call

Marandi: Israel Prepares Proxies for Next War with Iran?

"Hitler Survived WW2 And I Brought Proof" Norman Ohler STUNS Joe Rogan

CIA Finally Admits a Pyschological Warfare Agent from the Agency “Came into Contact” with Lee Harvey Oswald before JFK’s Assassination

CNN Stunned As Majority Of Americans Back Trump's Mass Deportation Plan

Israeli VS Palestinian Connections to the Land of Israel-Palestine

Israel Just Lost Billions - Haifa and IMEC

This Is The Income A Family Needs To Be Middle Class, By State

One Big Beautiful Bubble": Hartnett Warns US Debt Will Exceed $50 Trillion By 2032

These Are The Most Stolen Cars In Every US State

Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval,

China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap

Russia Moves to Nationalize Country's Third Largest Gold Mining Firm


Business/Finance
See other Business/Finance Articles

Title: Uber closes a large number of driver accounts over fraud in Chengdu, Beijing
Source: [None]
URL Source: [None]
Published: Sep 26, 2015
Author: staff
Post Date: 2015-09-26 23:17:51 by Tatarewicz
Keywords: None
Views: 15

Want...

Thousands of Uber drivers in Chengdu have gone to the police in an attempt to retrieve money Uber owes them, as the US taxi-hailing app reportedly closed a large number of driver accounts in Beijing and Chengdu due to fraud on the part of some drivers, reports The Beijing News.

Several drivers have taken advantage of the rapid spread of the service in China, as Uber offers drivers large amounts in subsidies compared with other car-booking services in the country.

The system can be cheated in two different ways. One way is if the driver buys a hacked smartphone which can operate with several phone numbers. These numbers can be registered to multiple Uber accounts. Then the driver can use one phone number to request a ride and another number to accept the request, allowing the driver to cash in on the subsidy without having to actually drive anyone anywhere.

Other drivers make arrangements with other people to request rides which they don't intend to take and then split the profits with the fake passenger, as subsidies are often three-times the amount of average fares.

A Uber driver in Beijing, surnamed Li, said he had received around 30 requests from people eager to enter into a deal with him to commit fraud every day.

In June, Uber said that scams account for about 3% of its total rides, which was much lower than competitors and similar to other markets in the initial phase of the roll out of services. If calculated on the base of 1 million deals and 30 yuan (US$4.70) in subsidies per ride, Uber has paid 900,000 yuan (US$141,064) for the 3% of fake rides, a total of 27 million yuan (US$4.2 million) every month, the report said.

Uber China's strategic chief, Liu Zhen, said fraud is an inevitable problem in any O2O (online-to-offline) business model. The company has different tools for detecting false rides and a dedicated team to monitor and enhance the system, Liu added.


Poster Comment:

Usually ripoff is other way round.

Post Comment   Private Reply   Ignore Thread  



[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]