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Uber Eats Shuts Down In Several Markets

PYMNTS

In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. The company said its goal was to become one of the top two operators in those countries, according to Reuters , but it does not see that happening. Careem is an Uber subsidiary focused primarily on the Middle East.

Marketing 161
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3 Ways Financial Services Institutions Can Reap the Benefits of a Data-Driven Mindset

Perficient

market trend data, economic data, etc.) Additionally, maintaining clear, comprehensive data systems promotes business ethics and adherence to laws and regulations enforced by regulatory bodies. Want to learn more about financial services industry-specific considerations for improving operational efficiency through data optimization?

Data 275
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Gett Shutters Juno In New York, Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett is backed by Volkswagen and has a valuation of about $1.5

New York 100
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Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett is backed by Volkswagen and has a valuation of about $1.5

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Uber Dials Back Drivers’ Hours In NY

PYMNTS

17), per new regulations in New York City , according to a report by Reuters. The new regulations are meant to boost driver pay and help to lessen congestion in the city. Lyft recently took similar action due to city regulations. Right now, the level is at 41 percent.

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NY Lawmaker Asks For Antitrust Probe Into Grubhub

PYMNTS

Mark Gjonaj, the head of the city council’s Committee on Small Business, said the “time may have come” for the attorney general to look back into a 2013 settlement that let Grubhub acquire Seamless. This large market size could give it some leverage that other companies don’t have. “If

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Lawmakers Put Caps On Food Delivery Fees

PYMNTS

On Wednesday (May 13), New York City became the latest city to enact protections for eateries. The City Council approved a 15 percent cap on food delivery fees paid by restaurants to Grubhub, PYMNTS reported. The potential merger between Uber and Grubhub has raised fears over delivery fees.