Both companies are looking for operating profitability in the near future, but questions about how that will happen remain unanswered.
News & Analysis: Uber Technologies
The U.K. driver reclassification weighed heavily on earnings.
UBER earnings call for the period ending March 31, 2021.
UK-based Arrival will use input from Uber drivers to design the purpose-built vehicles.
It would be a redo of the California initiative that was overturned by voters.
Comments from the Labor secretary about classifying gig workers as employees caused the sector to dive.
The potential growth of the cannabis industry is too big to ignore.
The move aims to take on Just Eat Takeaway's "monopolistic" hold on the German food delivery market.
It took me two hours to get an Uber Eats order yesterday, and it's a bigger problem than my grumbling stomach.
Even as it still faces pandemic headwinds, business is back at record levels. Time to buy?