Uber Reports Record Ridership and Second Straight Quarterly Profit
Revenue was up 11 percent from a year earlier, helping to generate $221 million in net income.
A Start-Up’s Alternative to Uber: Employing Its Own Drivers
Alto is trying to fill a more expensive niche, especially as politicians and labor groups argue that the contractor model exploits drivers.
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Italy’s Government Takes Aim at Taxi Shortages
The government took steps this week to increase the supply of cabs after months of shortages, but critics say the problems with the industry run deeper.
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Uber Posts 14% Rise in Revenue as Growth Slows
The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.