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Some Uber and Lyft Drivers Are Getting a Big Perk: Access to the IPOs

The longest-serving drivers are expected to get the option of cash or shares at IPO prices. After years of operation--and running deeply in the red--both Uber and Lyft have filed for IPOs. The re.....»»

Category: europeSource: fortuneFeb 28th, 2019

Uber and Lyft IPOs could mean the end of cheap rides

Uber Technologies Inc., like rival Lyft Inc., does not have a road to profitability unless it does one of two things: Get rid of drivers or raise prices. Expect the ride-hailing giants to try to do both......»»

Category: topSource: moneycentralMay 10th, 2019

MarketWatch First Take: Uber and Lyft IPOs mean the cheap rides are coming to an end

Uber Technologies Inc., like rival Lyft Inc., does not have a road to profitability unless it does one of two things: Get rid of drivers or raise prices. Expect the ride-hailing giants to try to do both......»»

Category: topSource: marketwatchMay 9th, 2019

Uber and Lyft slashed wages. Now California drivers are protesting their IPOs.

The ride-hailing companies’ drivers in Southern California called for a 25-hour strike between Monday and Tuesday, while dozens of others set up outside an investor meeting about Lyft’s upcoming stock listing......»»

Category: topSource: washpostMar 27th, 2019

Uber and Lyft slashed wages. Now California drivers are protesting their IPOs.

The demonstrations in San Francisco and Los Angeles were meant to send a message ahead of the company's IPOs this year......»»

Category: topSource: washpostMar 26th, 2019

Uber and Lyft slashed wages. Now California drivers are protesting their IPOs.

The demonstrations in San Francisco and Los Angeles were meant to send a message ahead of the company's IPOs this year......»»

Category: topSource: washpostMar 26th, 2019

California drivers angry about pay cuts rail against IPOs of Uber and Lyft

The ride-hailing companies’ drivers in Southern California called for a 25-hour strike between Monday and Tuesday, while dozens of others set up outside an investor meeting about Lyft’s upcoming stock listing......»»

Category: topSource: washpostMar 26th, 2019

Lyft and Uber drivers push to unionize for better pay

Drivers for the rideshare companies are seeing much of their pay go to expenses while Lyft and Uber prepare for their IPOs.....»»

Category: topSource: moneycentralMar 24th, 2019

"I made $3.75 an hour": Lyft and Uber drivers push to unionize for better pay

Drivers for the rideshare companies are seeing much of their pay go to expenses while Lyft and Uber prepare for their IPOs.....»»

Category: topSource: moneycentralMar 24th, 2019

Hail the ‘O.G.’ Uber and Lyft drivers in line to cash in on the highly anticipated IPOs

These drivers may be among those that the two major car-sharing services say they will reward when the companies go public later this year......»»

Category: topSource: marketwatchMar 2nd, 2019

Meet the ‘O.G.’ Uber and Lyft drivers who could cash in on the IPOs

These drivers may be among those that the two major car-sharing services say they will reward when the companies go public later this year......»»

Category: topSource: marketwatchMar 1st, 2019

Uber and Lyft drivers will reportedly get stock in the highly anticipated IPOs

Ride-hailing companies Uber Technologies and Lyft will give some of their drivers a chance to participate in their initial public offerings, The Wall Street Journal reported Thursday......»»

Category: topSource: moneycentralFeb 28th, 2019

Report: Uber, Lyft Will Help Drivers Become Shareholders

Ride-hailing rivals Uber Technologies and Lyft are gearing up to go public and are pursuing ways for their drivers to participate in the planned IPOs, The Wall Street Journal reported. read more.....»»

Category: blogSource: benzingaFeb 28th, 2019

: Most Uber and Lyft trips will have to transition to electric vehicles in this decade, California declares

California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030......»»

Category: topSource: marketwatchMay 20th, 2021

Where have all the Uber drivers gone?

The pandemic gave them the push they needed to move on from Uber and Lyft. Some drivers aren’t looking back......»»

Category: topSource: washpostMay 7th, 2021

The pandemic drove Uber and Lyft drivers away. Many are in no rush to get back.

The pandemic gave them the push they needed to move on from Uber and Lyft. Some drivers aren’t looking back......»»

Category: topSource: washpostMay 7th, 2021

Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts" attorney general

Maura Healey is the latest state attorney general to accuse Uber and Lyft of illegally misclassifying drivers as contractors. Gene.....»»

Category: worldSource: nytMar 25th, 2021

Uber and Lyft are now sharing data on drivers that have been banned for sexual or physical assault. Other delivery companies will join the program, they said.

Uber and Lyft said they would use the Industry Sharing Safety Program to pool data about drivers banned over serious safety incidents. Uber CEO Dara Khosro.....»»

Category: topSource: businessinsiderMar 12th, 2021

Uber, Lyft to share information about drivers with serious safety incidents

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 11th, 2021

A year into the pandemic, Uber and Lyft drivers say gig companies are still failing them. They blame Prop 22.

As contractors, drivers say they can't get companies to provide PPE or pay for the time it takes to clean their cars. A new law.....»»

Category: topSource: businessinsiderFeb 17th, 2021

Uber, Lyft face legal challenges to their Prop 22 gig worker law

Gig worker drivers and the SEIU have a lawsuit with the California Supreme Court challenging Prop. 22, alleging it violates provisions in the state constitution......»»

Category: topSource: bizjournalsJan 12th, 2021