Uber posts first-ever adjusted profit as drivers return
The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.
The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.
After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.
Bed Bath & Beyond continues its e-commerce evolution, making its home and baby product lines available for on-demand delivery through the Uber Eats app.
Pilot program could be rolled out nationwide if successful
The California startup will use its new funding to continue extending benefits to gig workers across multiple apps and platforms.
Uber is partnering with EV charging company Wallbox to offer discounted charging units for drivers in the San Francisco area under a pilot program.
A new initiative from Moves Financial is rewarding gig workers with stock in the very companies for which they work.
A strike of Instacart shoppers led by the Gig Workers Collective will take place this weekend.
The e-commerce fulfillment company gets a nice raise to deliver on its promise of “instant commerce” in 20 minutes or less.
Three British Columbia Uber drivers allegedly were fired after refusing to serve unmasked passengers who threatened violence and bad reviews.
The proposed $1 trillion infrastructure package includes a provision that would study the potential for a “driving tax” of 8 cents per mile.
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
In some big news for the rideshare giant, Uber on Tuesday revised its Q3 2021 outlook and now expects earnings before interest, taxes, depreciation and amortization to be positive as early as this quarter. Shares of the company’s stock ended the day up about 11.5% on the news. In an SEC filing, Uber (NYSE: UBER) […]
Self-driving technology company Aurora said it will deploy a Toyota Sienna autonomous vehicle in rideshare service in the next six months.
DoorDash continues to expand its options with the addition of on-demand alcohol delivery in the U.S., Canada and Australia.
As companies struggle to ensure independent contractors are properly classified, many are missing out on the value technology can provide in the process.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
Uber Eats, Grubhub and DoorDash are seeking an injunction that would stop New York City from enforcing its commission caps for food delivery apps.
The New York City Council voted to require DoorDash, Grubhub and others to cap commissions for delivery services at 15%.
The company this week announced a $7.5 million funding round to build out its in-house tech and further expand its coverage.