Take this job and… gig it? The gig economy is taking off and an emerging workforce that covets flexibility isn’t looking back. According to the latest PYMNTS Gig Economy Index™, 69 percent of gig workers say they’d stick with their gigs over a full-time job. That plus 800 data points and a deep dive on Uber, Lyft, Airbnb and Manpower, inside the Index.
Walmart made some news lately when it dipped its toe into the gig economy waters, asking employees to deliver packages ordered by customers who live along their commutes. Employees can opt into the program via a smartphone app to take home up to 10 deliveries a day and earn a little extra cash.
In a recent interview with PYMNTS, Craig Follett, the company’s CEO, discussed the changing state of the gig economy and how it’s increasingly powering sharing services like Universe.
PYMNTS recently caught up with David Manela, Fiverr’s chief revenue officer, to discuss the logistics of offering competitive price points to entrepreneurs and businesses, big and small.
Beyond Lyft and Uber, GrubHub’s ongoing legal battle centered on whether workers are employees or contractors may help settle the issue, and just what rights those workers may have when it comes to benefits and compensation.
Uber announced Thursday (July 13) that it is teaming up with Yandex to create a new company that combines its Rides and EATS business in Russia.
Ride-hailing has returned to New York state and Long Island after a two-year battle by Lyft, Via, Uber and others to lift the ban on their carsharing services.
As lucrative as the dog boarding business is, the American Pet Products Association says pet spending has grown every year since 1994, reaching $67 billion, and one company looking to make the process even easier just raised a significant amount of venture capital (VC) funding.
Lyft said in a release that the forwarding feature works as each ride receipt taken under a business profile is automatically forwarded to each user’s designated expense management system.
Alcohol delivery startup Saucey just announced news of its $5.4 million Series A round of venture capital (VC) funding led by Bullpen Capital. To date, the company has raised approximately $10.2 million.
Airbnb is expanding its existing partnership with Concur by allowing users of the corporate travel and expense management solution to book Airbnb accommodations from directly within the platform.
Uber told investors to expect bookings to increase and losses to narrow during its first presentation to shareholders since Travis Kalanick was pushed out as the company’s CEO.
It’s true that young people are embracing the gig economy at a higher rate than older generations, but project-based work isn’t just for Millennials. PYMNTS’ Karen Webster sat down with Hyperwallet CEO Brent Warrington to discuss some of the myths that pervade independent work and highlight the ingredients of a successful two-sided marketplace.