Viewing posts for the category Rideshare Knowledge
Uber just recently announced that they are expanding the area where drivers can set their own rates to include San Francisco, Modesto, Santa Barbara, and San Luis Obispo. Uber allowing drivers to set their own rates for trips began as an experiment in January in Sacramento, Santa Barbara and Palm Springs. Before January, drivers in these areas had no control over the rates.
Many feel this is a thinly veiled attempt by Uber to skirt around the new AB5 law that took effect at the beginning of this year. Uber has vehemently opposed the new AB5 law which attempts to …
read moreIn another step towards delivery domination, Uber introduced their newest venture, grocery delivery. This news comes right after Uber acquired Postmates, an online restaurant and goods delivery service, for $2.65 billion.
Uber Grocery Delivery will initially only be available in select cities in Latin America and Canada with plans to roll out in Miami, FL and Dallas, TX later this month. In order to bring customers grocery delivery services, Uber is collaborating with Cornershop, an established grocery delivery app. Uber users will be able to order their groceries through both the Uber and Uber Eats apps.
Similar to …
read moreIn less than a month after losing out on a deal with GrubHub, Uber has made a second offer, this time looking to buy Postmates. Postmates, another upstart delivery service, has grown substantially since it was founded 9 years ago and was last valued by investors to be worth $2.4 billion. This deal could really strengthen Uber’s food-delivery business, Uber Eats, which would help to compensate for the lost revenue the company is experiencing from it’s core ride-hailing model due to Covid-19.
According to The New York Times, Uber is discussing buying Postmates for around 2.6 billion, however, this …
read moreDoordash has recently found themselves in the same “sinking” boat as Uber and Lyft after being faced with a lawsuit from the San Francisco district attorney over possibly mis-classifying its workers as contractors rather than employees.
The lawsuit is stemming from multiple accusations that the company failed to provide delivery workers with proper financial protection during the pandemic. District Attorney Boudin, stated that calling employees contractors “deprives them of the labor law safeguards to which they are entitled, denying workers minimum wage and overtime pay, unemployment insurance and protection from discrimination, among other things.”
DoorDash, has refuted these claims saying …
read moreThere has been a lot of talk recently about Uber eats potentially combining forces with Grubhub. However, the rumors were officially quelled when European delivery app, Just Eat Takeaway came out of nowhere and made a deal with Grubhub forcing UberEats to drop out.
Just Eat Takeaway acquired Grubhub for $7.3 billion, forming the world’s largest online food delivery company outside of China. This new merger is going to provide some serious competition for both UberEats and the current US market leader, Doordash.
UberEats is already in an unprofitable situation, having lost $313 million last quarter. If they had been …
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