Tag: DoorDash
CA ballot measure that keeps gig workers as independent contractors is projected to pass
Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race with 67% of precincts partially reporting. At the time of publication,…
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Uber reportedly acquires Postmates for $2.65 billion
Uber has acquired online food delivery service Postmates for $2.65 billion in stock, according to the NY Times and Bloomberg. The deal is expected to help Uber better compete against food delivery giant DoorDash and will be a consolation prize after… Source
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Food apps in Chicago will soon show the premium you pay for delivery
In a first-of-its-kind policy change, the City of Chicago will require companies like DoorDash to disclose to customers how much restaurants pay when they order food using a delivery app. If you live in the city, you’ll see an itemized breakdown that… Source
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A Grubhub-Uber tie-up would remake the food delivery landscape
Earlier today news broke that Uber is pursuing an acquisition of Grubhub. The global ride-hailing giant is worth a multiple of the American food delivery service, making the tie-up financially feasible, provided that a palatable price can be found for both parties. The Wall Street Journal broke the news; you…
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VC’s largest funds make big bets on vertical B2B marketplaces
During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster transparency in industries that had remained opaque for decades. The thesis was that thousands of small businesses were making…
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Gig workers in San Francisco are mostly people of color and many are immigrants, according to survey
Gig workers have become an essential part of our society during the COVID-19 global health crisis. But even before the pandemic, gig workers had become a staple in the lives of many people who use services like Uber, Lyft, Instacart, DoorDash and Postmates. Despite the growing presence of gig workers,…
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