Tag Archives: uber

The Netherlands-based food delivery service Just Eat Takeaway plans to combine with Grubhub in a deal worth $7.3 billion, according to a release on Wednesday. The deal will mark Just Eat Takeaway’s entry into the United States.  The merger will create the largest online food delivery company outside of China, Just Eat Takeaway said in …

Uber is now letting passengers use its service on an hourly basis. The ride-hailing company announced Friday a new feature called “hourly booking” that lets people schedule a trip for $50 per hour for up to seven hours at a time. Typically, people hail an Uber when they need to get from one place to another. But Uber says with …

Uber has been crunching data, and it’s come up with an internal analysis on what would happen if it reclassified its California drivers as employees. According to the company, passengers could expect to see prices go up 20% to 120%, and tens of thousands of drivers might be out of work. Of Uber’s 209,000 drivers in the state, the company …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Less than two weeks after laying off thousands of employees, Uber said Monday that it’s letting go of 3,000 more staff members and closing or consolidating roughly 45 offices worldwide. The ride-hailing company has now reduced its workforce by 25%, making these layoffs one of …

A couple weeks ago, Giuseppe Badalamenti, a restaurant consultant and owner of Chicago Pizza Boss, posted a Grubhub receipt from an anonymous restaurant he works with to Facebook. The restaurant earned about $1,043 from 46 orders through Grubhub — but after various fees and promotions, it only took home $377.  The post went viral, with more than 6,000 shares on …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Uber has rebuilt its app to make sure drivers and riders adhere to safety guidelines around the novel coronavirus. Before each trip, drivers and passengers will now have to agree to a “Go Online Checklist” of items, including wearing a face mask, keeping …

Uber may be looking to acquire GrubHub, according to reports from The Wall Street Journal and Bloomberg on Tuesday.  Not many details were immediately available, but according to The Wall Street Journal the deal would be an all-stock combination. Bloomberg says the companies are in talks with a possibility that an agreement on a deal could potentially come this month.  …

Uber hasn’t had an easy time as a public company. The novel coronavirus, which has brought much of the ride-hailing company’s business to a halt, hasn’t helped. On Thursday, Uber’s first-quarter earnings highlighted the financial troubles the company has experienced, showing significant losses. Uber said its revenue rose 14% from a year earlier to $3.54 billion, slightly beating the average …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Lyft said it’s ramping up its efforts to keep drivers and passengers from spreading the novel coronavirus. The ride-hailing company said Thursday it’ll now require people using its service to wear face masks or other face coverings while on rides. The move comes …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Uber is laying off 3,700 full-time employees, about 14% of its workforce, the ride-hailing company said Wednesday in a filing with the US Securities and Exchange Commission. The cuts are coming from Uber’s customer support and recruiting teams, the company said. The layoffs …