Ridesharing news and trends

Lyft Extends 70% Pay Standard to Drivers Nationwide

May 14, 2024
Lyft Extends 70% Pay Standard to Drivers Nationwide
Earnings Point to Different Routes for Lyft and Uber
Earnings // May 08, 2024

Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves...

Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
Ridesharing // April 24, 2024

Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs to manage ground transportation for executives on their behalf, Uber for Business said in a Wednesday (April 24) press release. With...

Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
Ridesharing // April 24, 2024

The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform. And...

Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
Startups // April 03, 2024

BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published Wednesday (April 3) — that the French carpooling company enjoyed its first profitable year in 2023 following a “pretty rough”...

Interviews & Exclusives
Earnings Point to Different Routes for Lyft and Uber

May 08, 2024
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves apt for online platforms, for the digital age. Uber and […]

Gig Economy: Digital Platforms and Instant Payments Open New Roads to Financial Security

March 01, 2024
The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the...

InDrive Says Transparent Ride-Hailing Pay Structure Will Ensure Fair Compensation for Drivers

February 15, 2024
The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility and autonomy. However, complex gig...

Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility

February 14, 2024
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching...

Quick Reads
Lyft Extends 70% Pay Standard to Drivers Nationwide

May 14, 2024
Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70% or more on fares per week, after external fees. If drivers are ever under 70% at the end of the week, Lyft pays them the difference. After launching this standard in 20 […]

Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants

April 24, 2024
Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs to manage ground transportation for...

Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls

April 03, 2024
BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published Wednesday (April 3) — that...

Uber, Lyft to Exit Minneapolis After Minimum Wage Vote

March 15, 2024
Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. The rideshare...