More than 30 members of the New York City Council sent a letter to Grubhub about phone calls that didn’t result in orders but did result in charges, according to a report by The New York Times. The letter was sent to Matt Maloney, Grubhub’s...
New York City. If you can make it there, you’ll make it anywhere. Except making it there might be tough if you are a ride-hailing firm. News from the last several weeks, and recently from The New York Times, reports that city officials are inching toward a...
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding, Mattress Firm considering bankruptcy, the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup...
New York’s City Council is set to approve a one-year cap on new licenses for ridesharing vehicles. According to Bloomberg, the move is part of a package of regulations aimed to reduce traffic and stop a decrease in drivers’ pay. The regulations are set to...
October 31, 2019
More than 30 members of the New York City Council sent a letter to Grubhub about phone calls that didn’t result in orders but did result in charges, according to a report by The New York Times. The letter was sent to Matt Maloney, Grubhub’s chief executive, and asked him to hire a third party […]
August 07, 2018
New York’s City Council is set to approve a one-year cap on new licenses for ridesharing vehicles. According to Bloomberg, the move is part of a package of regulations aimed...
August 02, 2018
Documents show that Lyft, Uber and Via have offered to help New York City’s taxi medallion owners through a $100 million relief fund paid over five years. The proposal, as...