Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

Uber Rival Bolt Sidesteps Layoffs Despite Losses

Uber Rival Bolt Sidesteps Layoffs Despite Losses
Uber Rival Bolt Sidesteps Layoffs Despite Losses
May 12, 2020  |  Ridesharing

The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in...

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Uber’s And Lyft’s Divergent Journeys Through The Pandemic
Uber’s And Lyft’s Divergent Journeys Through The Pandemic
May 08, 2020  |  Ridesharing

To get a sense of how the pandemic can affect companies differently – even competitors in the same vertical, jockeying for position, for mindshare, for...

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Balancing Gig Workers’ Desire For Work Flexibility, With The Need For A Steady Paycheck
Balancing Gig Workers’ Desire For Work Flexibility, With The Need For A Steady Paycheck
May 08, 2020  |  Gig Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Uber Eats Revenues Soar Even As Company’s Q1 Results Slide
Uber Eats Revenues Soar Even As Company’s Q1 Results Slide
May 07, 2020  |  Earnings

Uber reported on Thursday (May 7) that Uber Eats bookings and revenues soared more than 50 percent during the first quarter – a tasty morsel...

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Uber Gears Up For Earnings Report With Layoffs, Lime Investment
Uber Gears Up For Earnings Report With Layoffs, Lime Investment
May 07, 2020  |  Ridesharing

On the surface, it might look like Uber is heading off in two different directions as it readies for its earnings announcement slated for tonight...

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Lyft Ridership Up 3 Pct Even With Quarantine
Lyft Ridership Up 3 Pct Even With Quarantine
May 06, 2020  |  Earnings

Lyft reported an increase in active riders in the first quarter of 2020 with 21,211, up 3 percent year over year. But that number fell...

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Uber Looks For New Roads To Revenue As Layoffs Hit
Uber Looks For New Roads To Revenue As Layoffs Hit
May 06, 2020  |  Ridesharing

Silicon Valley rideshare giant Uber is reducing its workforce by roughly 14 percent — about 3,700 people — as the coronavirus pandemic and stay-home mandates...

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Uber Slashes 14 Pct Of Workers As Rideshare Requests Plummet
Uber Slashes 14 Pct Of Workers As Rideshare Requests Plummet
May 06, 2020  |  Ridesharing

With social distancing still in effect to varying degrees nationwide, the ridesharing market has slowed virtually to a stop. Consumers staying home have very little...

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California AG Sues Lyft, Uber Over Alleged Worker Misclassification
California AG Sues Lyft, Uber Over Alleged Worker Misclassification
May 05, 2020  |  Ridesharing

California Attorney General Xavier Becerra, along with municipal attorneys from three cities in the state, is suing Lyft and Uber for allegedly misclassifying drivers as...

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