long-awaited report, in which its riders reported
more than 3,000 sexual assaults during 2018.
The same month, it agreed to pay $4.4 million
to end a federal sexual harassment probe
about its internal corporate culture. But those
announcements did not take a toll on Uber’s
stock, which has been inching up over the past
two months.
And in a major blow, Uber lost its license to
operate in London in November over concerns
about impostor drivers and the way the
company handles safety.
“We’re going to have our day in court,”
Kohsrowshahi said. “We respectfully disagree
with (Transport for London’s) conclusions.”
Uber’s safety and service have significantly
improved over the past few years and “the team
is very focused on executing on safety around
the world, and the London team is especially
focused on it,” he said.
Uber also has been dealing with a new California
law makes it harder for companies to classify
workers as independent contractors instead
of employees. The law went into effect in
January. Since then, Uber has been making
some changes to assert drivers’ independence.
It started allowing drivers to see riders’
destinations before they accept a ride. It also
changed the cost structure in California so riders
now see a price range, instead of a flat rate,
before a ride.
“Driver feedback has been positive in terms
of the information, the empowerment that I
think our driver partners feel,” Khosrowshahi
said. “Prices have increased more (in California)
than they have nationally, so I think from a