Blacklane is a German company that offers ride-hailing services. The brand, founded in 2011, works with professional chauffeurs. It provides airport trips to business travelers by using an app.
Butn Gets A Deal With Easi For Granting Couriers Early Payments
Butn is a company that helps its customers to secure the cash flow in their business. It enables faster transactions and offers Buy now pay later (BNPL) products. The company aims for customers who are merchants. Recently, Butn signed a deal with the company Easi after its IPO launch. Easi is a successful food delivery service for Asian food.
Gig Workers Can Now Apply For Unemployment Benefits Under PUA
The bill (CARES Act) helped workers during the beginning of the pandemic. The PUA program is an extension of that law. Therefore, gig workers can benefit from the Program by filing documents for Unemployment Insurance benefits.
Uber Loses Workers Rights Case Against the UK Supreme Court
In a landmark decision, the UK Supreme Court has rejected Uber’s appeal to overturn a High Court ruling to classify its drivers as “workers.” This is its third setback in Europe. Last year, top courts in France and Spain ruled to classify Uber drivers as employees. And Uber’s troubles are far from over. The company faces an impending class-action lawsuit in Canada and litigation in Massachusetts.
Uber Acquired Drizly For $1.1 Billion, What Drivers Can Expect
One of the gig economy’s biggest stories earlier this month was Uber acquiring alcohol delivery start-up Drizly. The price tag for this acquisition was $1.1 billion in stocks and cash. Only 10% of the $1.1 billion was in cash. The rest was stocks. At the announcement of this acquisition, Uber’s stock price jumped as much as 7%.
New Opportunities For Gig Drivers, Drizly Expands Alcohol Services To Atlanta
Drizly is one of the largest alcohol e-commerce platforms in the US. On the 5th of January, Drizly announced its delivery service expansion in Atlanta.
For Grubhub Drivers 2021 Could Mean Smaller Tips Income
Grubhub changes it’s tipping policy. Gig delivery workers claim that the Proposition’s benefits are not high enough to compensate for encouraging no tipping. Grubhub drivers are disappointed with the new tip policy. Grubhubers also mentioned they make a 30% to 50% less daily because of the new tipping rule.
Lyft, Uber Drivers Filed Lawsuit Against Proposition 22
Lyft and Uber helped the passing of Prop 22. According to that legislation, the tech companies will continue to classify drivers as independent contractors. Hence, drivers settled the issue by filing a lawsuit. The labor unions supported their decision.
10 Things You Should Know About The Coronavirus Relief Bill
The US congress has approved a $900 billion coronavirus relief package, in order to assist the public on the time of health and financial crisis.
DoorDash Soars 80% In IPO Debut
DoorDash soared 80% in its first debut on Wednesday, making it one of the largest IPOs of the year. Also joining GrubHub and Uber at a very key time. We will have to see what happens next.