
Various subscription and pricing models have been rolled out for testing, including all-access passes for 30 standard Lyft rides for $199 per month, 60 standard rides for $399 per month, and $300 per month.
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In a blog post, Uber Chief Economist Jonathan Hall cited previous studies that found Uber drivers make wages closer to $13.04 per hour after expenses, compared to the $3.37 per hour found by the MIT paper.
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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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