Uber’s Rough Quarter Buoyed by Delivery

Uber’s Rough Quarter Buoyed by Delivery

Ridesharing and food-delivery giant Uber had a rough quarter as ridesharing was essentially hollowed out, but food delivery served as a bright spot in the company’s second-quarter results. Uber depends on travel and commuting, and looking around the COVID-era world,...
Amazon Approved for Deliveroo Investment

Amazon Approved for Deliveroo Investment

Amazon’s major investment in the U.K. delivery firm Deliveroo has been approved by regulators. As CNBC reported, it was an unusually contentious look at the deal by country regulators that underscored the caution they were taking around this massive shift in the...