Uber loses gig worker court decision
- Date: 06/21/2024
A California law requiring that ride-hail and delivery drivers be classified as employees is constitutional, according to the Ninth U.S. Circuit Court of…
"Starting next month, Uber customers in San Francisco will be able to use the app to hail old-style taxis, long the company’s blood enemies—a fitting coda, perhaps, for a company that exploded out of the city’s SoMa district a little more than a decade ago as the vanguard of a new tech boom, but has since proven mostly that too-good-to-be-true businesses are just that.
Born in 2009 from co-founder Travis Kalanick’s frustrations with getting a taxi in San Francisco, Uber has posted an astonishing $32 billion in losses in its short life, $1.1 billion of that just in the first half of this year.
And long gone are the days when, at the push of a button, an Uber would appear in two minutes and deliver you across SF for $6, thanks to tens of billions in venture capital dollars that subsidized the rides. Average charges for UberX rides in the Bay Area rose more than 38% from $15.54 to $21.49 between June 2019 and June 2022, according to market research firm YipitData. The number of Uber rides in the region, meanwhile, plunged 48% between June 2019 and June 2022."
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
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