uber

Business for Uber’s food delivery app is surging in New York City since the coronavirus lockdown started — and nearly all the growth is coming from hungry customers in the outer boroughs and lower-income neighborhoods, The Post has learned. Food orders for the Uber Eats app are “way up” overall in the Big Apple, according …

Lyft said on Wednesday it plans to lay off 982 employees, or 17 percent, of the ride-hailing firm’s workforce, due to the economic challenges caused by the coronavirus pandemic. Wall Street reacted by sending the shares up almost 5 percent, or $1.62, to $34.36. Earlier this month, the Uber rival announced that some drivers sidelined …

Uber is planning to slash its workforce by 20 percent as the coronavirus ravages its rides business, a new report claims. The ride-hail startup’s cuts would see more than 5,000 heads roll in the coming weeks, according to The Information (paywall), and prompted the resignation of longtime executive Thuam Pham. Pham, who joined the then-fledgling …

Dear John: As you know, driving for a living has always been tough. But now, it’s tougher than ever. I had a small service, but as Uber came in, I started driving more and more for it until I was doing it full time. I’ve driven with Uber for almost seven years — over 13,000 …

Uber on Thursday said it was scrapping its 2020 financial guidance and taking a $2 billion write down on first quarter investments thanks to the coronavirus pandemic. But shares of the ride-hail giant spiked as much as five percent on the news that Uber’s financial assistance program for drivers and Uber Eats delivery workers would …

Ride-hailing giant Uber is adding phone ordering capabilities to its Uber Eats delivery service to help people who don’t own smartphones survive the coronavirus pandemic. The tech company will roll out the old-fashioned phone ordering feature in New York City and Florida — two areas hit the hardest by the viral pandemic — on Wednesday …

Dear John: I’ve driven for Uber the last few years, and in the past, when it gave me my 1099 tax form, my “gross earned income” was the exact amount that was deposited into my checking account over the calendar year. This year, an anomaly has occurred. My bank deposits for 2019 add up to …

Uber says it’s going to ship “tens of millions” of face masks to its drivers and delivery workers around the world in an effort to slow the spread of the coronavirus. The ride-hailing juggernaut will send half a million masks alone to US drivers located in cities hit hardest by the global pandemic, the company …

Uber Technologies has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in businesses other than ride-hailing, CNBC reported on Thursday citing a conference call by Chief Executive Officer Dara Khosrowshahi. The company’s shares were trading up nearly 34 percent in the early afternoon on Thursday, at $19.80. Uber …