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“Lyft to add 55 cents as surcharge due to rising gas prices” Lyft said Wednesday riders in the US, except for those in New York City and Nevada, would have to pay an extra 55 cents for their commute as the ride-hailing company looks to cushion the impact of high gas prices on drivers. Companies…
“#China looking to take ride-hailing giant Didi under state control amid tech crackdown” China’s government is reportedly looking to take control of ride-hailing giant Didi, the latest development in a broader crackdown that has kept Chinese tech companies and investors on their toes for months. Under plans being considered by China’s government, a subsidiary of…
“#’Chinese Uber’ Didi shares plummet amid government crackdown” Shares of Chinese ride-hailing app Didi have plummeted more than a third from their peak after debuting on the New York Stock Exchange just two weeks ago as the Chinese government prevents the company from taking on new customers. Didi warned investors Monday that a crackdown from…
“#Appeals court rules against Uber, Lyft in CA driver fight” A California appeals court said Uber and Lyft must treat their drivers there as employees, handing the ride-hailing giants another defeat in a legal battle that could upend their business. The Thursday ruling came as the Silicon Valley firms urged California voters to exempt them…