Uber/page/4 news and trends

Uber Says NYC’s Proposed Requirements Would Leave Drivers Without Insurance

December 11, 2024
Uber
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
Fintech Investments // December 06, 2024

The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the inverse of that momentum, sliding 1.6%. Toast and nCino Lead to the Downside Toast’s stock...

Uber and Toast Team to Offer Commission-Free Delivery
Delivery // December 05, 2024

Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand their delivery radius, while using Uber’s delivery network to provide local delivery on phone orders and ones made via Toast...

Uber Cooperates With FTC Investigation of Subscription Cancellation Policies
Subscriptions // November 27, 2024

The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to cancel those subscriptions. Uber said it has received inquiries from the FTC and is cooperating...

Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
Ridesharing // 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...

Interviews & Exclusives
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower

December 06, 2024
The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the inverse of that momentum, sliding 1.6%. Toast and nCino Lead to the Downside Toast’s stock declined nearly 12%. As PYMNTS reported Thursday (Dec. 5), a […]

CE 100 Index Gains 1.7% as JPMorgan Leads Banks Higher

October 14, 2024
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks...

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,...

Uber Eats Takes Its Robot Delivery Show on the Road

February 22, 2024
As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain...

Quick Reads
Uber Says NYC’s Proposed Requirements Would Leave Drivers Without Insurance

December 11, 2024
Uber reportedly told New York City’s taxi regulator that proposed changes to commercial auto insurance requirements may leave drivers unable to insure their vehicles. The company submitted written comments ahead of the Taxi and Limousine Commission’s public hearing Wednesday (Dec. 11), Bloomberg reported Wednesday. The TLC’s proposed changes, which apply to rideshare cars as well […]

Uber and Toast Team to Offer Commission-Free Delivery

December 05, 2024
Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand their delivery radius, while using...

Uber Cooperates With FTC Investigation of Subscription Cancellation Policies

November 27, 2024
The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to...

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...