Uber Stock Drops After Regulators Target Billing And Cancellation Tactics

Benzinga_recent_news12-16 04:44

Uber Technologies Inc (NYSE:UBER) shares dropped on Monday as regulators ramped up scrutiny of the company's subscription practices. Uber Technologies shares are retreating from recent levels. What’s ...

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What’s ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49405559/uber-stock-drops-after-regulators-target-billing-and-cancellation-tactics\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ31699556.SGD","symbol_name":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/12/49405559/uber-stock-drops-after-regulators-target-billing-and-cancellation-tactics","article_id":"2591214876","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/15/Uber-Sign-On-Its-Headquarters-Building-I.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/12/49405559/uber-stock-drops-after-regulators-target-billing-and-cancellation-tactics","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2591214876","pubTimestamp":1765831440,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Uber Technologies Inc (NYSE:UBER) shares dropped on Monday as regulators ramped up scrutiny of the company's subscription practices.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4536":"外卖概念","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4505":"高瓴资本持仓","BK4230":"旅客陆运","BK4535":"淡马锡持仓","UBER":"优步","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","BK4551":"寇图资本持仓","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","SG9999014906.USD":"大华全球优质成长基金Acc USD","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","BK4585":"ETF&股票定投概念","FTC":"First Trust Large Cap Growth Opp","BK4503":"景林资产持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC"},"translate_title":"监管机构针对计费和取消策略后，优步股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTC":1,"UBER":1.5},"content_text":"Uber Technologies Inc (NYSE:UBER) shares dropped on Monday as regulators ramped up scrutiny of the company's subscription practices.\nUber Technologies shares are retreating from recent levels. What’s weighing on UBER shares?\nWhat Happened: The Federal Trade Commission (FTC), joined by 21 states and Washington, D.C., filed an amended complaint accusing Uber of enrolling customers in its Uber One subscription without consent, failing to deliver promised perks like $0 delivery fees and making cancellation unnecessarily difficult.\nThe FTC first sued Uber in April over alleged deceptive billing tied to Uber One. The expanded complaint now seeks civil penalties under the Restore Online Shoppers' Confidence Act and state consumer protection laws.\nAccording to regulators, Uber markets Uber One as offering monthly savings of up to $25 and free delivery. Yet many users say they were still charged fees or never saw the advertised discounts.\nMany customers claim Uber signed them up for its subscription without their consent. Some say free‑trial users were automatically rolled into paid plans and billed before the trial expired, while others report being charged for Uber One despite never intentionally enrolling.\nThe complaint alleges that canceling Uber One can require navigating 23 screens and up to 32 separate actions, despite Uber's promise that customers can \"cancel anytime.\"\nUBER Price Action: Uber shares were down 4.34% at $81.42 at the time of publication on Monday, according to Benzinga Pro.\nRead Next:\nImage: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2591214876","isCrawlerRequest":true}