Uber and Lyft Are Searching for Lifelines - The New York Times
▻https://www.nytimes.com/2020/04/17/technology/uber-lift-coronavirus.html?campaign_id=158&emc=edit_ot_20200421&instance_id
The ride-hailing competitors started the year with optimism. Now, like most other companies, they’re trying to survive the cratering economy. OAKLAND, Calif. — After Seattle became the first major city in the United States to experience a widespread coronavirus outbreak in March, Uber’s business there plunged between 60 and 70 percent, the company’s chief executive said. A month later, with much of the country and many other parts of the world in lockdown because of the virus, investors fear (...)
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