Search results
Results from the WOW.Com Content Network
In 2017, a class action lawsuit was filed on behalf of thousands of Uber drivers, alleging that Uber’s “upfront prices” policy did not provide drivers with the 80% of fares to which they were entitled. The lawsuit was settled for $345,622, with each driver in the class getting at least $20.
Month and date Event type ... Uber raises $8.1 billion at $45 per share in its IPO, valuing the company at $82 billion. ... The lawsuit claims that Uber prioritized ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 February 2025. American ridesharing and delivery company For other uses, see Über and Uber (disambiguation). Uber Technologies, Inc. Headquarters in Mission Bay, San Francisco Formerly Ubercab (2009–2011) Company type Public Traded as NYSE: UBER DJTA component S&P 500 component Industry ...
Uber and Lyft settled investigations into whether they took pay from drivers for a price tag of $328 million. Uber, Lyft to pay $328M settlement to drivers for 'taking earnings' Skip to main content
Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes ...
Internet-based ride-hailing company Uber isn't making money … and it may never make any money. As Uber prepares to go public, its drivers are on strike. It lost $3 billion last year. Stock in ...
After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its ...
The launch of Lyft's initial public offering (IPO) and drivers' pay cuts in Early 2019 led to the first strikes occurring in Los Angeles, San Diego and San Francisco. [5] The planned strikes came in response to Lyft's decision to go public as a for-profit corporation, while Uber followed suit later that year.