How the Restaurant Delivery Business Holds Strong as In-Person Dining Returns
As in-person dining returns, home delivery is holding up. For restaurants, services like DoorDash and Uber Eats could become a permanent part of their business. Source
As in-person dining returns, home delivery is holding up. For restaurants, services like DoorDash and Uber Eats could become a permanent part of their business. Source
Uber said its business was recovering from the slowdown caused by the pandemic, although it continued to lose money. The company said on Wednesday that revenue was $2.9 billion in the first three months of […]
Uber and Lyft will report financial results this week for a year that upended hopes that the companies would soon turn around big losses. Source
SAN FRANCISCO — Uber on Thursday laid off roughly 185 people from its Postmates division, or about 15 percent of Postmates’ total work force, said three people with knowledge of the actions, as the ride-hailing […]
OAKLAND, Calif. — Uber and Lyft threatened to suspend ride-hailing services throughout California on Thursday night, a defiant reaction to a judge who ordered the companies to reclassify their drivers as employees. The ride-hailing blackout, […]
Uber said revenue fell 29 percent in the second quarter because people traveled less, but food deliveries soared. Source
SAN FRANCISCO — Uber has agreed to acquire the food delivery start-up Postmates for $2.65 billion, said two people with knowledge of the deal, as the ride-hailing firm aims to grow its presence in on-demand […]
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