A JPMorgan Chase report that was recently released found that about 1 out of every 5 gig workers collected unemployment benefits at the height of the pandemic. Drivers that worked for what the report referred to as “online platforms” include services like ride sharing apps like Uber and Lyft and food delivery services such as […]
All Posts By: Maddie
Uber Could Post Profits for First Time
Rideshare giant Uber said it could be profitable on an adjusted basis this quarter for the first time since its inception 12 years ago. This projected milestone comes earlier than originally predicted as digital food orders through Uber Eats have skyrocketed and rideshare requests start to rebound from pandemic lows. Over the past couple of […]
DoorDash Gets Into Alcohol Delivery Market
On Monday, food delivery giant DoorDash announced that it’s now selling alcohol through its app. This move will help DoorDash compete with competitors like Grubhub, Shipt and Uber Eats, which already deliver alcohol in select markets. To start, the company plans to offer wine, beer, and spirit delivery in 20 U.S. states, the District of […]
Amazon vs. Walmart: Who Wins at Shopping?
It’s officially Amazon’s world and we’re all just living in it. At least that’s the way it feels considering Amazon, the largest e-commerce company outside of China, has recently been named the world’s largest retail seller. Yes, they’re bigger than Walmart now. According to estimates from Wall Street reported by the New York Times, consumers […]
Food Delivery Stocks to Keep an Eye On
During the before times, people sometimes forgot to wash their hands, zoom was a sound made by car commercials, and food delivery companies had a lot of financial ups and downs. Companies like DoorDash, Uber Eats, Grubhub and Postmates fiercely competed for national supremacy. To top it off, customers were finicky, some could be swayed […]
DoorDash and Grubhub Sue San Francisco Over Permanent Delivery Fee Caps
Delivery giants DoorDash and Grubhub have launched a lawsuit against San Francisco after it became the first U.S. city to make temporary pandemic-era delivery fee caps permanent last month. This past Friday, both meal delivery companies filed a lawsuit in the U.S. District Court for the Northern District of California. New York, Los Angeles, Washington, […]