Safety report slows down Uber

Uber report

Uber dropped 3% after the ride-hailing company revealed that more than 3,000 sexual assaults were reported during its U.S. rides in 2018. That figure includes 235 rapes across the company’s 1.3 billion rides last year. The ride-hailing company noted that drivers and riders were both attacked and that some assaults occurred between riders.

The report is part of the company’s effort to be more transparent after years of criticism over its safety record. Uber bases its numbers on reports from riders and drivers, meaning the actual numbers could be much higher. Sexual assaults commonly go unreported. Uber and competitor Lyft have faced harsh criticism for not doing enough to protect the safety of their riders and drivers.