Uber sees gradual return of U.S. drivers, modest decrease in wait times

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) - Uber Technologies Inc said on Tuesday drivers were gradually returning to its ride-hailing platform, allowing for a modest decrease in passenger wait times as the company seeks to take advantage of a post-pandemic return in travel demand.

Uber said the week of May 17th marked a new record for drivers returning to the road since the start of 2021, with active driver hours increasing 4.4% from the previous week.