ride hailing

He Keeps Driving For Lyft 'Because People Need Us'

4:45pm April 23, 2020

by Shannon Bond

Many Lyft and Uber drivers have given up on driving, because they aren't making enough money to take the risk of potentially exposing themselves to the coronavirus. Jerome Gage is still at it.

With its initial public offering on Friday, Uber hopes to raise billions of dollars, but analysts wonder when the ride-hailing company will turn a profit.

Economy

Uber's Eye-Popping IPO Approaches. Is It Really Worth $90 Billion?

8:05am May 09, 2019

by Camila Domonoske

Uber has never been profitable, yet the ride-hailing company may be valued at as much as $90 billion when it goes public Friday. It will be one of the largest tech IPOs ever.

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Researchers also found that congestion on the roads in San Francisco also was exacerbated because of where the ride-hailing cars were and at what time of day.

Uber And Lyft Caused Major Traffic Uptick In San Francisco, Study Says

3:57pm May 08, 2019

by Merrit Kennedy

Researchers compared data from fall 2010 — before the companies made inroads in the city — and fall 2016. They found that the companies are to blame for more than half of a big increase in traffic.

A man holds a smartphone showing the Uber app in London. In September, London transport authorities announced they would not renew Uber's license to operate in the city for safety reasons; on Friday, Uber lost an appeal of a British tribunal decision that

Uber Loses Appeal In U.K. As Tribunal Reiterates That Drivers Are Workers

11:05am November 10, 2017

by Camila Domonoske

The ride-hailing giant maintains that drivers are self-employed and don't have a right to a minimum wage, but British authorities rejected the argument. Uber plans to appeal again.

Shelia Mendoza says she's not looking for a livelihood out of Liberty Mobility, but a little extra cash and some new friends to talk to.

National

Ride Hailing In Rural America: Like Uber With A Neighborly Feel

5:25pm April 17, 2017

by M.L. Schultze

A small startup called Liberty Mobility Now is staking itself as the Uber of rural America. But to find its niche there, it has had to adapt everything from its app to its driver training.

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A passenger gets into a car marked as participating in both Uber and Lyft.

National

Survey Finds Lyft Drivers Happier Than Uber, Though Pay Has Declined

8:10am January 21, 2017

by Laura Sydell

A survey of 1,150 drivers found that those working for Lyft made more on average than those at Uber. It also illustrates demographics of participants in the ride-hailing industry.

Juno CEO Talmon Marco talks with driver Fara Louis Jeune. The company recruited drivers by looking at Uber cars with the highest ratings.

National

Uber Competitor In NYC Promises Drivers Benefits, Even Employee Status

4:23pm August 22, 2016

by Aarti Shahani

While Uber and Lyft both fight in courts to keep their workers as independent contractors, new ride-hailing startup Juno is moving to offer full employee status and other benefits.

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World News

Apple Invests $1 Billion In Chinese Ride-Hailing App

9:56am May 13, 2016

by Camila Domonoske

In China, Didi Chuxing dominates the ride-hailing market — despite Uber's attempts to break in. Now Apple Inc. is investing big in the service, ahead of a visit to China by Apple CEO Tim Cook.

A Lyft van sits outside the Austin Convention Center in March, during the 2016 SXSW Festival. The ride-hailing company, along with its competitor Uber, has now vowed to "pause" operations in the city, after Austin voters sided against the ride-hailing app

Uber, Lyft Vow To Stop Driving In Austin After Voters Keep Regulations

9:34am May 09, 2016

by Camila Domonoske

The ride-hailing firms spent millions trying to persuade city voters to reject rules requiring drivers to be fingerprinted. But they lost, and now say they're "pausing" operations in Texas' capital.

Jesse Vega checks out a vehicle at an Uber "Work On Demand" recruitment event March 10 in South Los Angeles. The company is researching ways to get rid of its surge pricing, a feature that drivers like but that can make costs unpredictable for consumers.

Uber Plans To Kill Surge Pricing, Though Drivers Say It Makes Job Worth It

3:36pm May 03, 2016

by Aarti Shahani

Uber is using machine learning to predict high demand, which would allow the app to schedule extra drivers instead of hiking rates at busy times. But such a change would hurt driver pay.

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