Uber (NYSE: UBER) has fully recovered from the COVID-19 pandemic. The trend shows Uber is taking market share from its smaller rival. There's one key advantage that is giving Uber the ability to grow its ridership faster than Lyft, and that advantage could also help it take on competitors in the delivery space, among others.
Microsoft has replaced Amazon as the name most likely to appear as a top holding for the market's big players.
MEXICO CITY (Reuters) -Tech giant Uber and delivery apps DiDi and Rappi have proposed offering social security benefits to workers in Mexico for the first time ahead of a new government bill set to regulate the gig economy. They stopped short of agreeing to classify drivers as employees, however, and few details were given on how payments towards social security costs would be divided. Mexican Labor Minister Luisa Alcalde has said officials are working on a bill that would bring gig workers into the "formal economy," although the timeline is still unclear.