A man born in Japan — where tipping is rude — is part of a growing number of Americans rejecting tipping in the US [Business Insider]
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Uber Technologies, Inc. (UBER)
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Source: Business Insider
He told Business Insider he often pays in cash and picks up food to avoid the charges. Whenever Ken Ozeki buys a cup of coffee, he will tap the "custom tip" option on the swiveling tablet and round up the price to the nearest dollar. He would never consider paying the barista the 20% gratuity that has become standard in the US. "I'm not that person," the 41-year-old said. According to a recent Bankrate survey, he's among a population of frugal — often frustrated — consumers. Researchers found that an increasing number of Americans are unwilling to leave generous tips. Thirty-five percent of respondents agreed that "tipping culture has gotten out of control." A senior industry analyst at Bankrate, Ted Rossman, said rising inflation was partly responsible. "Some of it is high prices, some of it is tip creep, some of it is maybe just people feeling like they don't have a lot of money to go around," Rossman told Business Insider. Ozeki blamed much of his reluctance on conta
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UBER
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- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- UBER's page on the SEC website