Uber has been selected to join the S&P 500 index as of December 18, marking a significant achievement for the ride-hailing company. This development is expected to add excitement to Uber’s stock price. Read the full article here
The article discusses a proposed ordinance in Seattle that aims to impose a 10-cent fee per order on gig companies such as DoorDash and Instacart. The fee is intended to fund a new license fee and support labor initiatives. Despite the potential benefits for workers, gig companies are reportedly opposing the ordinance. The article highlights the surprising opposition, considering the proposed fee’s relatively modest amount and its potential to contribute to worker compensation. Read the article here!
The article documents the author’s first-hand experience working as an e-bike food delivery rider. Key insights include the challenges faced by delivery riders, emphasizing the low earnings in relation to the demanding nature of the job. The author highlights the financial struggles, emphasizing the meager income earned during deliveries. The article sheds light on the often overlooked issues within the gig economy, specifically in the context of food delivery services using e-bikes. Read the article here!
The article discusses the unfulfilled promises of ride-hailing services like Uber and Lyft in contributing to environmental sustainability. Contrary to expectations, these services ended up increasing pollution rather than reducing it. The focus then shifts to the emerging era of robotaxis, with companies like Cruise entering the autonomous vehicle market. The central question is whether robotaxis will continue the trend of contributing to pollution or if they can address environmental concerns more effectively. The piece explores the challenges and uncertainties surrounding the role of robotaxis in achieving green transportation goals. Read the rest of the article here!
Redditors are expressing dissatisfaction with Uber Eats, citing what they perceive as exorbitant fees and price hikes. Some users claim that the fees negate any convenience the service offers, with complaints ranging from increased delivery costs to higher restaurant menu prices. Despite these concerns, Redditors assert that they are resolute in their decision to discontinue using Uber Eats, emphasizing their dissatisfaction with the current pricing structure. This sentiment appears to be shared among users who believe that the fees outweigh the benefits, leading them to explore alternative food delivery options. Read the rest here!