Ridesharing news and trends

Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders

November 04, 2024
Uber One Memberships Jump 78% as Company Eyes Non-City Growth
Earnings // October 31, 2024

Uber is looking beyond major cities for growth amid a jump in its membership program. The ride hailing/delivery company released quarterly earnings Thursday (Oct. 31) showing that its Uber One program now has more than 25 million members, a 70% increase year over year. In addition, the...

41% of Pay-by-Bank Users Want to Use It for Ridesharing
Payment Methods // October 28, 2024

Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for Pay by Bank to Catch On,” done in collaboration with Trustly, looks at the barriers to adoption and what payment...

Supreme Court Won’t Hear Uber and Lyft Gig Worker Appeal
Gig Economy // October 07, 2024

Uber and Lyft have lost a chance to have an appeal heard by the Supreme Court. The case involves lawsuits brought against the companies by the state of California, which claimed Uber and Lyft had misclassified their workers. The high court declined to weigh in...

Uber Expands Robot Delivery and Robotaxi Offerings With Avride
Delivery // October 03, 2024

Uber has launched a partnership with delivery robot/autonomous vehicle maker Avirde. The collaboration will launch in the coming weeks in Austin, letting Uber Eats customers get their food delivered by Avride’s sidewalk robots, per a Thursday (Oct. 3) press release. It will then expand to Dallas and...

Interviews & Exclusives
41% of Pay-by-Bank Users Want to Use It for Ridesharing

October 28, 2024
Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for Pay by Bank to Catch On,” done in collaboration with Trustly, looks at the barriers to adoption and what payment providers can do to educate more consumers about pay by […]

Uber: 35% of Customers Use Multiple Services and Spend Three Times More

August 06, 2024
Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company’s earnings report released Tuesday (Aug. 6). The company’s focus on expanding...

Earnings Point to Different Routes for Lyft and Uber

May 08, 2024
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods,...

Gig Economy: Digital Platforms and Instant Payments Open New Roads to Financial Security

March 01, 2024
The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the...

Quick Reads
Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders

November 04, 2024
Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. According to a Monday (Nov. 4) report from Bloomberg, Uber wants the city’s Taxi and Limousine Commission — which is […]

Uber One Memberships Jump 78% as Company Eyes Non-City Growth

October 31, 2024
Uber is looking beyond major cities for growth amid a jump in its membership program. The ride hailing/delivery company released quarterly earnings Thursday (Oct. 31) showing that its Uber One program now...

Supreme Court Won’t Hear Uber and Lyft Gig Worker Appeal

October 07, 2024
Uber and Lyft have lost a chance to have an appeal heard by the Supreme Court. The case involves lawsuits brought against the companies by the state of California, which...

Uber Expands Robot Delivery and Robotaxi Offerings With Avride

October 03, 2024
Uber has launched a partnership with delivery robot/autonomous vehicle maker Avirde. The collaboration will launch in the coming weeks in Austin, letting Uber Eats customers get their food delivered by Avride’s sidewalk...