Why Uber's business model is doomed
Like other ridesharing companies, it made a big bet on an automated future that has failed to materialise
Having threatened to pull out of California completely, Uber and Lyft recently won a temporary reprieve from orders to reclassify their drivers as employees rather than independent contractors. The companies argued they could not come up with a plan for doing so overnight, even though more than two years have passed since California’s supreme court ordered them to change their ways. The Californian labour law AB5 was supposed to end their non-compliance.
https://www.theguardian.com/commentisfree/2020/aug/24/gig-economy-uber-lyft-insecurity-crisis
#Uber #Lyft #hail #ride
Like other ridesharing companies, it made a big bet on an automated future that has failed to materialise
Having threatened to pull out of California completely, Uber and Lyft recently won a temporary reprieve from orders to reclassify their drivers as employees rather than independent contractors. The companies argued they could not come up with a plan for doing so overnight, even though more than two years have passed since California’s supreme court ordered them to change their ways. The Californian labour law AB5 was supposed to end their non-compliance.
https://www.theguardian.com/commentisfree/2020/aug/24/gig-economy-uber-lyft-insecurity-crisis
#Uber #Lyft #hail #ride
Chinese city regulators suspend Didi's new ride-hailing service
BEIJING (Reuters) - Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Didi, China’s biggest ride-hailing company and backed by Japan’s SoftBank, in July launched a new service named “Huaxiaozhu” that targets younger customers and offers cheaper rides compared to its main app.
The eastern city of Hefei said on Wednesday on its website it has asked Huaxiaozhu to stop operating in the city as it did not obtain all the required licenses to offer ride hailing service.
https://www.reuters.com/article/us-didi-chuxing-china/chinese-city-regulators-suspend-didis-new-ride-hailing-service-idUSKBN25N0TO
#Asia #China #DiDi #ride #hail
BEIJING (Reuters) - Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Didi, China’s biggest ride-hailing company and backed by Japan’s SoftBank, in July launched a new service named “Huaxiaozhu” that targets younger customers and offers cheaper rides compared to its main app.
The eastern city of Hefei said on Wednesday on its website it has asked Huaxiaozhu to stop operating in the city as it did not obtain all the required licenses to offer ride hailing service.
https://www.reuters.com/article/us-didi-chuxing-china/chinese-city-regulators-suspend-didis-new-ride-hailing-service-idUSKBN25N0TO
#Asia #China #DiDi #ride #hail