Here’s What Could Sink Uber, According to Uber
Uber, the money-losing ridehailing platform which by its own admission in its S-1 filing claims it has “incurred significant losses since inception” and “may not achieve profitability,”…
Tag: Uber
Lyft has finally gone public. After a hot debut, its stock price began sinking yesterday, and is still sinking as we speak. What’s the deal? What about… Read More
Following mass worker action in Los Angeles, San Fransisco, and San Diego this week, an anonymous Uber employee–whose identity was verified by staffers at Medium–published an open… Read More
In an outpouring of long-simmering tensions between rideshare companies and drivers whose wages have been on the decline, hundreds affiliated or acting in solidarity with grassroots group… Read More
Inside the luxury Omni Hotel in downtown San Francisco on Monday morning, Lyft executives and investors wheeled and dealed about the company’s upcoming IPO as the firm’s… Read More
Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday
In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a…
In recent weeks Uber drivers in the greater Los Angeles area opened their apps to find the ridesharing company had enacted an approximately 25 percent reduction in… Read More
Most Americans are terrified of riding in autonomous vehicles, according to a new survey released by AAA. And rather than getting more comfortable with the futuristic technology,… Read More
Uber is a company that dictates how a large number of car owners pick up passengers, where they take them, how they take them there, the condition… Read More
Two drivers have filed a class-action lawsuit against their employer, Waitr Holdings, Inc., alleging the company violated the Fair Labor Standards Act by failing to meet minimum… Read More