February 12, 2024
Rideshare, Delivery Drivers to Strike on Valentine’s Day
An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine’s Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers to not take rides to...
February 06, 2024
Lyft Guarantees Rideshare Drivers 70% or More of Fare
Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key concerns such as earnings, deactivations...
February 06, 2024
Lyft Guarantees Weekly Earnings to Boost Gig Economy Workforce
Lyft announced on Tuesday its commitment to ensuring weekly earnings for drivers, marking a significant departure from the conventional gig economy model. This initiative, the first of its kind, aims...
January 24, 2024
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst...
January 22, 2024
Fitness Industry Looks to AI to Bring in Consumers, Profits
Artificial intelligence is giving the fitness category a workout. Ranging from personalized workout routines to dedicated app-based workouts and even one-on-one virtual training sessions, the pattern recognition and predictive analytics...
January 17, 2024
Uber Driver Cruising on Top in PYMNTS Provider Ranking of...
The gig economy is ever-changing, but the PYMNTS Provider Ranking of Gig Platform Apps can help users stay up to date. This month we’ve seen a lot of the apps shifting...
January 09, 2024
New Contractor Rules: Promise or Peril for Gig Economy Platforms?
The Labor Department is due to release new rules governing the classification of gig economy workers. The platforms that rely on these workers say not much will change. The legal...
December 29, 2023
Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgraded both Uber and...
December 20, 2023
Uber Agrees to Raise Minimum Wage for French Drivers
Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip — up from 7.65 euros ($8.38)...
