Platform News: Sharing Economy COVID-19 pandemic

Continued coverage: COVID-19 exposes US Uber, Lyft drivers’ lack of safety net

As independent contractors, US ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours. 

Platform Industry News: Ride-sharing driver

Uber shares soar after Chief Executive says it has enough cash to ride out coronavirus crisis

Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus cr...


Lyft resumes shared electric bike rentals in NYC

NEW YORK – Lyft Inc will roll out a fleet of several hundred electric bikes for rent across New York City, the company said on Wednesday, 10 months after it pulled them follo...

Platform News: Lyft ride-hailing app is part of the sharing economy

Lyft expands rental car program in San Francisco Bay Area and Los Angeles

Reuters – Lyft Inc has said that it is offering rental cars to a wider group of users across the San Francisco bay area and Los Angeles. The company first introduced a rental...

Platform Industry: CEO of the ride-sharing company Uber Technologies

US lawmaker says Uber must take action after disclosing sexual assault reports

WASHINGTON – The Chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it recei...


Survey: consumers are divided on electric and self-driving cars

Reuters – Automakers, ride-hailing and tech companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consume...


Waymo expands app to iPhone devices in Phoenix

Alphabet-owned ride-hailing company Waymo has now stated that its iOS app will now be available to iPhone users in the metro Phoenix area of Arizona. The move by the company, which...

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