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…
In the world of rideshare, Uber and Lyft form a de facto duopoly. It’s estimated that the two together command more than 95% of the market, with Uber taking the lion’s share. But Alto, a ride-hailing company that has pushed through the pandemic, may be poised to provide an alternative by targeting the most profitable part of the market.
The growing industry remains a tempting target for competitors like Alto. Currently over a $60 billion business worldwide, ride-hailing is projected to expand to $220 billion by 2025.
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.