Sharing Economy

Deliveroo

Uber and Deliveroo could be hit by draft EU rules for gig workers

Uber, Deliveroo and other online platform companies may have to reclassify some of their workers as employees under draft EU rules meant to boost their social rights, according to ...

Platform News: Didi

Didi’s New York exit a further blow to Chinese listings in US

Ride-hailing giant Didi Global’s plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ li...

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

Lyft names Amazon Studio’s Elaine Paul as CFO

Ride hailing firm Lyft Inc has named Amazon.com Inc’s executive Elaine Paul as its new CFO, replacing Brian Roberts who is stepping down after seven years in the role.

Platform News: Uber Technologies app

Uber introduces revamped shared rides offer in the US

Uber Technologies Inc has said it was resuming shared rides, which were scrapped during the pandemic, detailing a revamped offer aimed at reducing the previously high losses in the...

Platform News: Didi

Sources: Didi prepares to relaunch apps in China, anticipates data probe will end soon

Didi Global is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing’s cybersecurity investigation into the compa...

Platform News: Ride-hailing app Uber Technologies

US sues Uber over alleged disability discrimination

The US Justice Department sued Uber Technologies over allegations of overcharging disabled passengers, and asked a federal court to order compliance with an anti-discrimination law...

Platform News: Ride-hailing app Uber Technologies

Uber makes first operating profit as driver shortage eases

Uber has reported its first profitable quarter on an adjusted basis since it launched more than a decade ago with its two most important segments, ride-hailing and restaurant deliv...

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

Lyft soars as company charts a path out of the pandemic

Lyft Inc shares soared more than 13% in extended trading after the company reported an adjusted profit for the third quarter and outlined a path to sustained profitability on the b...

DoorDash app-based delivery

NYC will not enforce restaurant customer data-sharing law while DoorDash sues

New York City agreed to hold off on requiring food delivery companies to share customer data with restaurants, the subject of a recent lawsuit by DoorDash Inc.

Platform News: Ride-hailing app Uber Technologies

Uber temporarily suspends Brussels service in first for Europe

Uber Technologies Inc joined a protest of its drivers in Brussels with an unprecedented suspension of its service in the Belgian capital.

Yandex Delivery

Russia’s Yandex restructures JV ownership with Uber in $1 billion deal

Yandex has said it would buy Uber’s stakes in their joint FoodTech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part o...

Platform News: Uber Technologies app

Uber proposes industry-wide gig worker benefits model in Canada

Uber Technologies Inc has proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share ...

Didi V2X

Didi suspends UK launch plans amid China crackdown on tech firms

Chinese ride-hailing giant Didi Global Inc has suspended its plans to launch in Britain and continental Europe, The Telegraph has reported, against the backdrop of a regulatory bac...

Platform News: Delivery Services across the world

Takeaway.com posts operating loss of $224 million, sees improvement in second half

App-based delivery giant Just Eat Takeaway.com has reported a better-than-expected operating loss of 190 million euros (approximately $224 million) for the first half of 2021.

Didi V2X

China’s Didi improves pay transparency for drivers

Didi Global Inc has said it will provide its drivers in several Chinese cities with more details on the fees they receive, the first big move by the ride-hailing giant after state ...

  • 1
  • 2
  • 5