Every day now, there are negative stories about Uber and how the company conducts itself. But here's the real question—are they actually hurting its business?
Now we have some numbers that show the preliminary answer may well be yes. To be sure, Uber is still growing by leaps and bounds, but perhaps slightly less so.
A firm that has access to anonymized receipts from millions of U.S. consumers showed that Uber's growth decelerated by 3.6 percent during the week of November 17. That was precisely when news came out that an Uber executive had suggested investigating critical journalists to try to discredit them, and that Uber had an internal "god view" of user trips that was quite possibly being abused by employees.