
The study also found that 30% of ride-hailing drivers are losing money once vehicle expenses are included.
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The lawsuit was brought against the company by drivers in California for alleged labor-code violations.
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Revenue from car rentals increased 7.2% at St. Louis Lambert International Airport after three months, while taxi pickups dropped by 19.5%.
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Splend rents vehicles to Uber drivers who don't own their own cars.
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Uber will sell its Xchange Leasing division to Fair, a digital car marketplace. Xchange Leasing had been losing $9,000 per car.
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Singaporean transport giant ComfortDelGro and Uber have entered into a strategic agreement to form a joint venture, subject to regulatory approval.
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Under a framework agreement, the automaker will sell the ride-hailing company autonomous driving-compatible base vehicles from 2019 to 2021.
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HyreCar, a peer-to-peer carsharing marketplace that connects vehicle owners with potential drivers, has expanded its service to New York state.
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Transport for London didn't renew Uber's license to operate, citing various issues with the ride-hailing service. Uber's license in London expired on Sept. 30.
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Uber will ban its drivers in London from using vehicles that are not hybrid or fully electric by 2020 in an effort to curb illegal levels of pollution in the city.
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