Uber Posts Its Largest Quarterly Loss
Hefty expense related to its IPO weighs on earnings as revenue rises 14% Continue reading Uber Posts Its Largest Quarterly Loss
Hefty expense related to its IPO weighs on earnings as revenue rises 14% Continue reading Uber Posts Its Largest Quarterly Loss
A bill passed by the California Assembly seems likely to classify Uber and Lyft drivers as employees, instead of their current status as independent contractors. This could cost Uber and Lyft an additional $3,625 per driver in California. Continue reading How Much It Would Cost Uber And Lyft If Drivers Were Employees
Uber announced earlier this month that it was slashing prices, and this is no good for Lyft as it will again be fiercely competed by price. Continue reading Is Uber Trying To Kill Lyft With A Price War?