Uber Crisis
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Swiggy, Zomato Amongst Top 10 Global Food Delivery Platforms, Research Firm Says
Swiggy and Zomato featured in a research firm's list of the top 10 e-commerce-based food delivery platforms, placing ninth and tenth in the global ranking. Both companies are part of over a hundred unicorns from the country, which means they have a total valuation of $1 billion (roughly Rs. 8,000 crore). The report by Canada-headquartered global re...
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COVID-19 Tech Job Losses Over 10,000 Now, Show No Sign of Slowing
A huge number of tech companies are cutting staff or shutting shop. The losses continue to mount with thousands of people out of jobs.
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Uber Has Spent $19 Million On Coronavirus Financial Aid For Drivers
Uber Technologies Inc on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees.
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Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
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Uber, BigBasket Partner on Last-Mile Delivery Service to Get Essentials to Consumers During COVID-19 Lockdown
Uber announced that it is starting a last mile delivery service in partnership with BigBasket in order to make access to everyday essentials easier for people during the coronavirus crisis and the nationwide lockdown.
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Restaurant Delivery Firms Branch Out Globally Into Groceries During Crisis
Uber Eats and Delivery Hero are expanding from providing restaurant meals into supplying groceries to customers stuck at home during lockdowns triggered by the coronavirus crisis.
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Coronavirus Exposes U.S. Uber, Lyft Drivers' Lack Of Safety Net
As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours. But as the coronavirus brings large parts of the country to a halt, drivers and companies are facing the downside of an ambiguous contractor model.
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Thomas & Uber Cup Finals Postponed Due To Coronavirus Pandemic
Instead of their original May 16-24 slot, the Thomas & Uber Cup Finals will be held from August 15-23 in Aarhus, Denmark.
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Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
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Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
-
Swiggy, Zomato Amongst Top 10 Global Food Delivery Platforms, Research Firm Says
Swiggy and Zomato featured in a research firm's list of the top 10 e-commerce-based food delivery platforms, placing ninth and tenth in the global ranking. Both companies are part of over a hundred unicorns from the country, which means they have a total valuation of $1 billion (roughly Rs. 8,000 crore). The report by Canada-headquartered global re...
-
COVID-19 Tech Job Losses Over 10,000 Now, Show No Sign of Slowing
A huge number of tech companies are cutting staff or shutting shop. The losses continue to mount with thousands of people out of jobs.
-
Uber Has Spent $19 Million On Coronavirus Financial Aid For Drivers
Uber Technologies Inc on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees.
-
Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
-
Uber, BigBasket Partner on Last-Mile Delivery Service to Get Essentials to Consumers During COVID-19 Lockdown
Uber announced that it is starting a last mile delivery service in partnership with BigBasket in order to make access to everyday essentials easier for people during the coronavirus crisis and the nationwide lockdown.
-
Restaurant Delivery Firms Branch Out Globally Into Groceries During Crisis
Uber Eats and Delivery Hero are expanding from providing restaurant meals into supplying groceries to customers stuck at home during lockdowns triggered by the coronavirus crisis.
-
Coronavirus Exposes U.S. Uber, Lyft Drivers' Lack Of Safety Net
As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours. But as the coronavirus brings large parts of the country to a halt, drivers and companies are facing the downside of an ambiguous contractor model.
-
Thomas & Uber Cup Finals Postponed Due To Coronavirus Pandemic
Instead of their original May 16-24 slot, the Thomas & Uber Cup Finals will be held from August 15-23 in Aarhus, Denmark.
-
Uber Cites Signs of Rebound From Virus Slump, Says Has Enough Cash to Ride Out Crisis
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
-
Uber Shares Soar After CEO Says Has Enough Cash To Ride Out Coronavirus Crisis
Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.
