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Tag: Car Services and Livery Cabs

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

Uber on Tuesday reported revenue growth exceeding expectations from Wall Street, suggesting that the company has continued to recover from a pandemic slump as...

Drivers’ Lawsuit Claims Uber and Lyft Violate Antitrust Laws

A group of drivers claimed on Tuesday that Uber and Lyft are engaging in anticompetitive practices by setting the prices customers pay and limiting...

Uber Reports Growth, But Loses $5.6 Billion From Investments

Uber, which had already been spending heavily to lure back drivers who left early in the pandemic, responded in March by charging riders a...

Uber, Lyft Drivers Struggle With High Gas Prices

When Adam Potash started driving for Lyft six months ago to help make ends meet, he was happy with the pay. The business was...

Uber Says It’s Bouncing Back From Pandemic In Earnings Report

Uber said on Wednesday that growing revenue and returning passengers sent a strong signal that its business was bouncing back in the final three...

Gig Worker Protections Get a Push in European Proposal

Last year, gig economy companies staged a successful referendum campaign in California to keep drivers classified as independent contractors while giving them limited benefits....

Didi of China Moves to Delist From New York Stock Exchange

The decades-long, trillion-dollar love affair between China and Wall Street is coming to an end.Didi Chuxing, a $39 billion company that is China’s answer...

Uber Survived the Spying Scandal. Their Careers Didn’t.

The relationship was tense, Mr. Gicinto recalled, and both men seemed uneasy about sharing leadership.Still, their work ramped up quickly. The group, which grew...

U.S. Sues Uber, Saying It Discriminated Against People With Disabilities

SAN FRANCISCO — The Justice Department sued Uber on Wednesday, accusing the company of discriminating against passengers with disabilities by charging them fees when...

Uber Lost $2.4 Billion, Thanks Largely to Didi Investment

China’s crackdown on its big tech companies continues to have reverberations around the world. On Thursday, Uber said it lost $2.4 billion in its...

Lyft Says 1,807 Sexual Assaults Occurred in Rides in 2019

More than 1,800 sexual assaults occurred during Lyft rides in 2019, the company said on Thursday in its first-ever safety report on sexual and...

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