are uber and lyft public companies?
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Uber had a rude awakening in its first day as a publicly traded company. Shares opened for trading Friday on the New York Stock Exchange at $42 apiece, down from the $45 where they priced on Thursday evening. They finished the day at $41.70.
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No, Lyft does NOT operate outside the US and some parts of Canada. The major options in Mexico City are still Uber and Cabify.
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Uber officially comes to Burlington. Uber, the company that sells private car rides through a phone app and has picked fights with regulators around the world, officially launched in Vermont on Thursday. ... Uber will provide rides through the low-cost service called uberX, which uses local drivers in their own cars.
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Uber drivers are contractors. ... Taxi drivers either lease a car which the taxi company maintains in good repair, and perhaps pays for their own gasoline but that is all. Uber and Lyft are technology companies. They dispatch via their technology (the App).
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Uber and Lyft strikes: US drivers stop taking rides in protest over pay. Rideshare drivers are striking and protesting in major cities across the United States, with many participating in a 24-hour strike of the Uber and Lyft apps that began at midnight on 8 May.
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Because they are in direct competition, there are no clear-cut winners on pricing for Lyft and Uber pricing. If Lyft were much cheaper than Uber, Uber would go out of business, and vice-versa. Basic rideshare costs for both are approximately $1 to start, $2 per mile, and $0.25 per minute.
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Uber and Lyft are starting operations in Alaska. Here's everything you need to know. It's official: Ride-hailing companies such as Uber and Lyft are allowed in the Last Frontier. ... Lyft launched in Anchorage, Juneau and Fairbanks as soon as the bill was signed on Thursday.
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Business Insider has rounded up deals for free and discounted rides this New Year's Eve. Uber and Lyft are both offering discounts in locations across the US, and many public-transit agencies are offering free fares.
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The services are nearly identical now. Uber and Lyft work in the same way. Request a ride through the app, get matched with a driver, track the driver on a real-time map, and pay the fare using the app at the end of the ride. Drivers of both ride-sharing services are considered contractors, not full-time employees.
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As of January 24, Uber and Lyft are licensed to operate in Vancouver's downtown area. ... About 4,000 taxis are licensed to operate in all of British Columbia, while the state of Massachusetts, with roughly the same number of people as the Canadian province, has 70,000 active ride-hail drivers.
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I think it's important to stress that both Uber and Lyft have not changed their policy on business license requirements. They do not require a business license to get started or continue driving in San Francisco, or any other Bay Area city.
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Uber and Lyft drivers are now employees under California law, according to a new ruling from regulators. California's Public Utilities Commission said in an order Tuesday that Uber and Lyft drivers are "presumed to be employees" under AB-5, the state's new gig work law.
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Have app, will travel For instance, the city will allow Uber and other Uber-like companies like Lyft to operate in Toronto, but as long as rides are booked only through a smartphone app. ... Uber cars are not allowed to be hailed on the street.
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The bottom line (and how to get the best price) Most of the time, the experience of using Lyft and Uber is largely the same -- perhaps in part because, anecdotally, most drivers I ride with say they work for both platforms, and have both Lyft and Uber decals on their dashboard.
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The California Labor Commission in the United States recently decided that an individual Uber driver was in fact an employee of Uber under Californian employment laws. Uber takes the view that its drivers are independent contractors, so this decision is at odds with what Uber would like.
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Uber And Lyft Drivers Are Striking — And Call On Passengers To Boycott. Uber and Lyft drivers in a number of U.S. cities were striking Wednesday, calling for higher wages and better working conditions as Uber prepares to go public on Friday. Its valuation may be as high as $91 billion.
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Rides. Uber works in Qatar. However, the airport taxi companies are owned by the government and Uber drivers are often threatened or dissuaded from picking passengers up at the airport. Absolutely fire up the Uber app, but just be aware of this in advance.