Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

California Tells Uber And Lyft Their Drivers Are Employees

California Tells Uber And Lyft Their Drivers Are Employees
California Tells Uber And Lyft Their Drivers Are Employees
June 11, 2020  |  Ridesharing

The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest...

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Yandex May Buy Out Joint Venture With Uber
Yandex May Buy Out Joint Venture With Uber
June 11, 2020  |  Ridesharing

Russian-based Yandex may drop plans for having an initial public offering (IPO) of stock for its ride-hailing business, which it owns with Uber Technologies, Inc.....

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New Report: Payments, Transparency Build Trust In The Gig Economy
New Report: Payments, Transparency Build Trust In The Gig Economy
June 10, 2020  |  Gig Economy

The pandemic affected the freelance market in varying ways, with many workers facing increased economic uncertainty and drawing upon their savings as work opportunities became...

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Chinese Ride-Hailing Giant Didi Chuxing Sees Rebound
Chinese Ride-Hailing Giant Didi Chuxing Sees Rebound
June 08, 2020  |  Ridesharing

China’s largest ride-hailing company is back after taking a big hit from the coronavirus pandemic, with business returning to pre-pandemic levels. Ridesharing orders on Didi...

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Uber Rides Increase As Quarantines End
Uber Rides Increase As Quarantines End
June 04, 2020  |  Ridesharing

Uber rides are increasing again after massively falling off due to the coronavirus during March and April, Reuters reports. The ride-sharing firm reported that trip...

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Lyft Rides Up In May From April But Still Down 70 Pct YOY
Lyft Rides Up In May From April But Still Down 70 Pct YOY
June 03, 2020  |  Ridesharing

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. Lyft’s...

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Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
June 01, 2020  |  Ridesharing

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...

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