Articles by tag: Uber
The bustling world of rideshare and gig economy, such as Uber, Lyft, and DoorDash, has allowed convenience to hit the roads. However, safety has emerged as a growing concern. Late last year, a DoorDash driver in Washington D.C., narrowly escaped death after being shot in the back. And it was not an isolated incident […]
Latest
Articles
Are Uber & Lyft On the Road to Profit After Q2’s Earnings?
Earnings season is always a mixed bag, and Q2’s reports were no exception. Almost 50% of telecom companies missed their targets for the quarter, while companies like Home Depot, Salesforce and Spotify reported surprising over-performance. For leading rideshare companies, though, early August’s earnings were record-breaking and reframed a long-running narrative of persistently negative cash flow. […]
Transportation
Ridesharing Orgs Look to Boost Security around Sensitive Data
Data is everything these days, but it’s also extremely sensitive. In the wrong hands, your personal information can come back to have a powerful negative impact. So, how are ridesharing organizations like Uber and Lyft taking care of that data and boosting their security to ensure breaches don’t occur? MarketScale data guru TC Riley weighed […]
Transportation
With Record Demand, Can Uber Get Drivers Driving Again?
The economy is slowly opening back up as the country sees vaccinations increase while COVID-19 cases decrease. Consumers are reopening the door to Uber. In March 2021, Uber saw gross bookings hit an all-time high. The issue? They don’t yet have enough drivers to meet demand. Host Hilary Kennedy talked with Janeesa Hollingshead. Co-Founder of […]
Food & Beverage
Uber Dives into the World of Alcohol Delivery
Uber, which has already expanded its footprint from ride-hailing to food delivery with its massively popular Uber Eats, is adding more to that expanding food delivery network. Tech Crunch has reported that Uber announced it has plans to acquire Drizly, an alcohol delivery service, for $1.1 billion, highlighting the growing value of the alcohol […]
Podcasts
Uber Puts Autonomous Vehicle Program in Reverse, Selling to Aurora
This week, Aurora, one of the nation’s leading self-driving startups, announced that they will become the new owner of Uber’s self-driving division—Uber Advanced Technology Group (ATG)—which focused on driverless taxis. In addition, Uber plans to further fuel the deal by pumping $400 million into Aurora while retaining a minority stake in the company and […]
Business Casual
Uber & Lyft Get an AB-5 Update: Business Casual
On this Business Casual segment, hosts Daniel Litwin and Tyler Kern outline how an already struggling ridesharing industry – Uber reports that it’s lost nearly $2 billion over the past three months – is facing a second reckoning. Powered by RedCircle Officially codified in January, California Assembly Bill 5 looks to more equitably classify workers […]