gig economy News

Uber Faces Biggest Challenge to European Plans in Region’s Top Court

Uber faces the biggest challenge yet to its European roll-out after the region’s top court was advised to rule that the U.S. ride-hailing firm is actually a transport service not an app. Although the opinion of the Court of Justice …

China Ride-Hailing Firm, Didi, to Go Global After Record Funding

Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick one more thing to worry about. Didi’s record funding round is said to value the company at more than $50 …

UK Uber Drivers Can Now Buy Injury & Illness Insurance

Uber Technologies Inc. will begin offering U.K. drivers the ability to buy injury and illness insurance, a step to provide a safety net for the independent drivers it has long been criticized for treating poorly. The benefit is a first …

Uber Faces Hike in London License Fees, in Latest Blow for Ride-Hailing Firm

Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city’s transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional …

Uber Sees EU Growth Despite Impending EU Court Ruling, Denmark Setback

Uber Technologies sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the possibility of an EU court ruling that could mean tougher rules for the firm, an Uber executive said. Danes hailed …

Rideshare Drivers Take ‘Huge Risk’ with Personal Auto Coverage: GEICO

You are a driver for a transportation network company and then the unfortunate happens. Someone sideswipes your vehicle. In the chaotic moments after the accident, a question about your personal auto insurance coverage arises. Are you fully covered for ridesharing? …

Mercedes’ Parent, Daimler, Partners with Bosch to Develop ‘Robo-Taxis’

Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating the production of “robo-taxis.” The pact between the world’s largest maker of premium cars and the world’s largest automotive supplier …

Uber’s Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform

Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest $700 million in its largest market. The purchase is aimed at beefing up …

Thai Authorities Begin Crackdown on Ride-Hailing Firms Uber, Grab

Thailand’s transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government to ban them, a transport official said on Tuesday. U.S.-based Uber has faced regulatory hurdles around the world and when …

Singapore Tightens Rules for Sharing Economy that Could Disrupt Asia Ambitions

Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, …