February 14, 2024
Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching...
February 13, 2024
Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. For full-year 2023, the rideshare platform had more than 40 million...
February 13, 2024
Uber Driver Speeds Ahead in PYMNTS Provider Ranking of Gig...
After spending so much money on gifts these last few months, it’s time to bring in some extra cash, but where do you look? The PYMNTS Provider Ranking of Gig Platform...
February 13, 2024
Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The company is scaling up hiring...
February 12, 2024
Rideshare, Delivery Drivers to Strike on Valentine’s Day
An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine’s Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers to not take rides to...
February 06, 2024
Lyft Guarantees Rideshare Drivers 70% or More of Fare
Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key concerns such as earnings, deactivations...
February 06, 2024
Lyft Guarantees Weekly Earnings to Boost Gig Economy Workforce
Lyft announced on Tuesday its commitment to ensuring weekly earnings for drivers, marking a significant departure from the conventional gig economy model. This initiative, the first of its kind, aims...
January 24, 2024
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst...
January 22, 2024
Fitness Industry Looks to AI to Bring in Consumers, Profits
Artificial intelligence is giving the fitness category a workout. Ranging from personalized workout routines to dedicated app-based workouts and even one-on-one virtual training sessions, the pattern recognition and predictive analytics...
