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DoorDash Battles Restaurants Over Delivery Markups
Business

DoorDash Battles Restaurants Over Delivery Markups

Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link

Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
Business

Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround

The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link

Uber Delivers First-Ever Operating Profit
Business

Uber Delivers First-Ever Operating Profit

The company’s ride-hailing and delivery businesses grew as efforts to stem losses bore fruit. Source link

Apple, Amazon, Starbucks to Report in Packed Earnings Week
Business

Apple, Amazon, Starbucks to Report in Packed Earnings Week

Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest

Uber's Grand Plan to Go All-Electric in London Ran Into Gridlock
Business

Uber's Grand Plan to Go All-Electric in London Ran Into Gridlock

The ride-share leader struggles with charging deserts and high prices. Source link

Inside Lyft CEO David Risher's Efforts to Stabilize the Company
Business

Inside Lyft CEO David Risher's Efforts to Stabilize the Company

The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form a partnership with an investor.

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Dubai invites pitches for IPOs of taxi, parking assets

© Reuters. FILE PHOTO: General view of the Burj Khalifa and the downtown skyline in Dubai, United Arab Emirates, September 30, 2021. REUTERS/Mohammed Salem/File Photo

Domino's Investors Overpay for a Pizza the Action
Finances

Domino's Investors Overpay for a Pizza the Action

The pizza chain’s Uber deal is an acknowledgment that Domino’s could no longer go it alone. Investors should applaud its flexibility, but not quite so

Domino's Pizza Strikes Deal With Uber
Business

Domino's Pizza Strikes Deal With Uber

The pizza chain hopes to generate $1 billion in sales after losing business to food-delivery apps. Source link