China’s largest ride-hailing company is back after taking a big hit from the coronavirus pandemic, with business returning to pre-pandemic levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Uber rides are increasing again after massively falling off due to the coronavirus during March and April, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
While Lyft’s ride counts are rising from the worst parts of the pandemic, they’re still down 70 percent from a year ago, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The CEO of Careem, Uber’s Dubai ridesharing subsidiary, said he doesn’t expect a full recovery until next year, but predicted accelerated expansion for the company’s “super app.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With curfews descending on some American cities due to violent clashes between law enforcement and protesters, Uber, Lyft and DoorDash have ceased operations during the curfew hours, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Starting next month, ridesharing users in a dozen cities can opt in for a $50 an hour ride, Uber Technologies Inc. announced on Friday (May 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If Uber is forced to classify its drivers in California as employees, 158,000 will be out of work, the company said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Uber plans to cut 3,000 more jobs and close 45 offices — all while eyeing other cutbacks as the COVID-19 economy keeps pummeling the ride-hailing giant. Job cuts do not include drivers, who technically are not employees. Get the Full Story Complete the form to...
Uber, inviting users to take a “second first trip,” has introduced new safety guidelines to help protect people from the coronavirus as they begin taking rides again, including a mandate that all drivers wear masks. Get the Full Story Complete the form to unlock this...
