Lyft

US gig economy giants Uber and Lyft got their way at the US election last week, successfully campaigning for a Californian ballot measure that keeps gig workers classified as independent contractors rather than employees. The tech giants effectively circumvented California lawmakers and courts with a successful $200 million “Yes on

Revenue generated by the use of MaaS (Mobility-as-a-Service) platforms, which integrate different transport services (including buses, taxis, rail and metro) into a single app, will exceed $52 billion by 2027, up from $405 million in 2020, according to a new study from Juniper Research. The new research, Mobility-as-a-Service: Business Models,

A new Californian law passed overnight requiring gig economy companies to treat their workers as employees rather than contractors. The decision is expected to be felt around the US and could rewrite the rules of the gig economy when the law comes into force in 2020. Webinar: Can I Trust

Overnight, Uber delivered its first quarterly results since going public earlier this month. The ride hailing giant lost more than $US1 billion in the first three months of 2019 as revenue growth continued to slow. Nominate today for the Which-50 Digital Experience Awards. Simple. Fast. Easy. Uber generated $US2.76 billion

Uber

Uber shares closed at $41.57 after their first day of trading, down almost 8 per cent from its listing price and valuing the company at US$69.7 billion. The company previously set a target of $44-$50 per share and on Thursday night priced its IPO at $45, towards the lower end

Ride sharing company Lyft has had it value soar on its first day on the Nasdaq with the company’s shares up 8.7 per cent at US$78.29 with a valuation of US$26.5 billion. Lyft debuted on the Nasdaq with a price of US$72 last Thursday. On Friday, its shares opened at

Uber has confidentially filed for an IPO over the weekend, after its rival Lyft also filed late last week. According to the Wall Street Journal, both companies filed their S-1 paperwork to the US Securities and Exchange Commission (SEC) with their shares to go public early next year.  The two companies

IKEA furniture assembling

The business world loves easy answers, but the secret to success is often shrouded in nuance. Take the current trend in customer experience (CX): Effortless and frictionless experiences. In a world of “unexpectedly high call volumes,” complicated return policies, and mobile apps that make us want to hurl our phones,

Ford has laid out a broad vision for its future — and set itself an enormous challenge — from rolling out autonomous vehicles for deliveries and ridesharing, to building smart city technology. In a slew of announcements made at CES in Las Vegas this week, the car maker detailed how

Lyft and Ford

Ford and Lyft are partnering in the development of autonomous vehicles. The goal is for Lyft users to be able to summon a Ford self-driving car. One day. For now the two companies say they are working together to make sure their respective platforms talk to each other. Sign up