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Uber And Lyft Ipos Will Make Many People Rich But Not The Drivers - Latest News


When Will Profits Hitch A Ride With Uber And Lyft?

Not only that, but more clarity will soon emerge about ... The big events for 2019, of course, are the expected initial public offerings (IPO) for both Uber and Lyft. The company that crosses that lin... read more

Uber and Lyft IPOs will make a lot of people rich. But what about the drivers?

They'll be the first major companies in the sharing economy to go public, and what happens could affect the industry's next round of IPOs, which will most likely include Airbnb. Read more... More abou... read more

All the Bad Things About Uber and Lyft In One Simple List

Uber and Lyft’s policies make this worse by encouraging drivers ... transit-rich areas? Studies aren’t conclusive, but on average, Uber and Lyft riders, not surprisingly, skew rich and skew young. In ... read more

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Should You Ditch Your Car for Uber and Lyft? We Try the Ride-Hailing Life

As ride-hailing services have become more prevalent and more reliable, more people are looking to make ... of drivers quit within six months. Profitability is another issue for both Uber and Lyft. Alt... read more


Virgin Trains' IPO Attempts To Ride Forces Unleashed By Uber, Lyft

Uber (UBER) and Lyft (LYFT) are undoubtedly the most anticipated IPOs ... Trains may not be a typical high-tech unicorn, but it certainly boasts Silicon Valley-esque ambition: to make passenger ... read more

Uber growth slows ahead of IPO – The Wall Street Journal

DUBLIN – Uber’s most recent private valuation was $76 billion and its planned IPO price values it at $120 billion. That would make the company ... payments for drivers to keep them on the road longer ... read more

Uber’s Secret Gold Mine: How Uber Eats Is Turning Into A Billion-Dollar Business To Rival Grubhub

Uber takes a 30% cut and a delivery fee, then pays drivers, suggesting that ... has proved you can make a profit in this business. That success has made it a formidable rival, and it’s not the only on... read more

Area Uber, Lyft drivers say job offers flexibility, though you won't get rich

Having driven for Uber for two years, Billy Read says he is used to drunk people ... s very hard to make a living there,” he said. “That’s why many Rhode Island drivers get verified in Massachusetts.” ... read more

Uber and Lyft Will Help Drivers Get Cars – For a Price

What’s debatable is whether drivers really ... vehicle.” Uber and Lyft say these programs serve people who are eager to work for a ride sharing company but do not have a vehicle or don’t have one that ... read more

Gig economy tech companies like Instacart have been accused of tip theft. But the problem is bigger than that.

If drivers pick up enough riders or if shoppers buy the groceries faster, they would make more, or so the argument goes. But for many ... Lyft, there could be other consequences, such as Uber taking m... read more

Q&A: Will New York’s Lyft, Uber driver salary changes spread?

Keep in mind that the drivers are independent contractors, not ... Uber has also announced it wants to go public. Uber has lost many billions of dollars in bad bets on autonomous cars and on failed ex... read more



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