December 07, 2022
Fanatics’ Massive Valuation Underscores Connected Economy’s Continued Appeal
Fanatics expansion from hats to scores of categories and markets is a lesson in cross-pollination. It is also proof that the connected economy is thriving. Digital engagement in one corner...
November 30, 2022
Tougher eScooter Rules in Paris Highlight Diverging EU Micromobility Approach
Paris micromobility firms have introduced new rules for electric scooters. Following threats from city officials to not renew operating licenses next year due a lack of adequate safety measures in...
November 23, 2022
Mexico’s Gig Workers May Get Social Security From Uber and...
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the...
November 23, 2022
Uber Taps Rapid Delivery Partner Zapp to Drive Cross-Platform Spending
Ride-hailing company Uber Technologies announced Wednesday (Nov. 23) that it is partnering with the British 20-minute convenience delivery app Zapp to offer the latter’s products on the Uber Eats marketplace in Central...
November 17, 2022
Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism...
November 04, 2022
Spend Management Firm Pleo Lays Off 15% of Workforce
Expense management solution provider Pleo has laid off 150 employees — 15% of its workforce — as it shifts its target from growth to efficiency. The seven-year-old company recently experienced...
November 03, 2022
Lyft Lays Off Nearly 700 Staff and Braces for Changing...
Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). In a note sent to Lyft team...
November 01, 2022
Uber Says 70% of New Drivers Signed Up to Beat...
As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery platform’s allure in particular: More...
October 31, 2022
Uber’s Ability to Cross-Sell and Hire New Drivers Will Be...
Beyond the rebound in revenues, beyond the bounce back in Uber’s core ride-hailing business, we’ll get a sense of just extensible the platform model really is when the company reports...