Uber to provide financial support to Irish subsidiary amid annual loss

Last year, taxi drivers launched a protest over the Uber's introduction of fixed fares. File photo: Leah Farrell / © RollingNews.ie

US taxi firm Uber has promised to meet all the liabilities of its Irish subsidiary for two years as its costs increased to nearly €3m resulting in a loss during 2024, the company’s latest financial statement shows.

There has been ongoing backlash to Uber’s activities in Ireland over the past few months. In December, taxi drivers announced that they were going to hold a series of protests in Dublin over the company’s decision to introduce fixed fares.