on-demand platforms News

Grubhub to Pay $3.5M to Massachusetts Restaurants for Overcharging During COVID

Massachusetts Attorney General Andrea Campbell announced a $3.5 million settlement Friday with the online food delivery service platform Grubhub. The settlement resolves a 2021 lawsuit brought by Campbell alleging Grubhub illegally overcharged fees to Massachusetts restaurants in violation of a …

Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU

Slice Labs Inc. said it is now making its Insurance Cloud Services (ICS) available in the United Kingdom and across the European Union. The ICS allows subscribing insurers to Iaunch on-demand insurance products customised to locale, language and demographics. In …

Slice Labs Raises $20M for Its On-Demand Platform for Insurers

Cloud services provider Slice Labs has raised an additional $20 million that it will use to expand its cloud services for on-demand insurance products globally. The Series A funding round was led by The Co-operators with participation from XL Innovate, …

As On-Demand Economy Grows, Professor Sees New Kind of Capitalism Emerging

It goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy.” Arun Sundararajan, a professor at New York University’s Stern School of Business who has been studying the phenomenon for several years, favors “crowd-based capitalism.” But he …