Recent pullback in Grab Holdings Ltd (NASDAQ: GRAB) looks overdone and the probability of a swift recovery looks rather high, ...
Gig workers for services like DoorDash and Uber Eats relied on tips for a majority of their earnings last year, a report from ...
Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth. Shares declined in premarket trading on Wednesday.
Amazon Flex workers were in a similar situation. Their earnings soared 18.1% to $413 a week — just as their hours increased 20.4%. Uber Eats workers made $178 a week, or 5.1% more than 2023.
The median price of an Uber and Lyft ride in the U.S. rose 7.2% in 2024 and the rideshare companies risk a dropoff in demand ...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same ...
With recent positive earnings reports and partnerships in self ... continued growth in Uber Eats and the potential launch of Tesla’s Robotaxi service, which could reshape the ride-hailing ...
Tesla's Cybercab, or robotaxi, was announced last October and is due to hit the roads in Texas this June as part of a trial ...
Uber's business grew more diversified as the pandemic spurred demand for food delivery services. The delivery segment remains resilient despite the receding pandemic, trailing only DoorDash in ...
Uber claims that if a DoorDash merchant wants to work with Uber Eats for first-party delivery, DoorDash threatens higher fees or lower placement on its app.
Uber’s 2024 results show that driver and courier earnings combined, including tips, grew about 18% on average. But tips can contribute to more than half of food delivery drivers’ income ...