UBER Dec 2026 120.000 call
- Barrons.com
Starbucks and Grubhub Team Up on Delivery. Why One of Them Might Benefit More.
Starbucks customers will soon have a new way to get their coffee delivered: Grubhub. It’s a boon for the coffee giant, but for the delivery platform, the benefit is less clear. On Thursday, the coffee chain and Grubhub announced a partnership that will launch in select markets in Pennsylvania, Colorado, and Illinois starting this month.
- Reuters
Lyft forecasts 15% annual growth in gross bookings through 2027, shares jump
(Reuters) -Lyft is targeting a 15% annual increase in gross bookings through 2027, the ride-hailing firm said at its inaugural investor day event, adding that its nascent advertising business is expected to grow eight-fold during the same period. The forecast signals Lyft could maintain its position in the North American ride-sharing market, where it lags Uber, even as both the companies seek to diversify their revenue streams through offerings such as advertising and user subscriptions. Lyft expects $400 million in gross bookings from its advertising business in 2027, Zach Greenberger, executive vice president of Lyft's Partnership Ecosystem, said in an interview ahead of Thursday's event.
- Bloomberg
EV Taxi Startup Revel to Lay Off Drivers for Uber-Like Gig Model
(Bloomberg) -- Revel Transit Inc., the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber Technologies Inc. and Lyft Inc. Drivers affected by the change will have the option of staying on with the company as independent contractors.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park De
