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Technical Summary

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News

After Wild West start, scooter providers chase scale to survive

By Nick Carey and Carolyn Cohn LONDON, Oct 14 (Reuters) - The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers. Hurt badly by global coronavirus lockdowns last year, companies offering by-the-minute rental of e
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Uber temporarily suspends Brussels service in first for Europe

By Marine Strauss BRUSSELS, Sept 30 (Reuters) - Uber Technologies Inc. UBER.N joined a protest of its drivers in Brussels on Thursday with an unprecedented suspension of its service in the Belgian capital. Rules dating back to 1995 prohibit drivers from using smartphones, meaning those that use the Uber app to pick up customers and to drive them to
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Wall Street Journal - Sept 10

Sept 10 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - DoorDash Inc DASH.N , Grubhub Inc and Uber Technologies Inc's UBER.N Eats division are suing New York City over its law permanently capping the amount of commissions the apps can charge re
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Beijing city looks to take Didi under state control, Bloomberg News reports

Sept 3 (Reuters) - Beijing city is considering taking Didi Global DIDI.N under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported. The central thrust of the city government's proposal is to regain control over one of its largest corporations, and particularly the data it hold
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Payments processor Adyen's profit boosted by US volumes

(Updates with COVID-19 impact on consumer habits, share move) AMSTERDAM, Aug 19 (Reuters) - Adyen NV ADYEN.AS , the Dutch company that helps to process payments for Netflix, Facebook and Uber, on Thursday beat market expectations with a 65% jump in first-half core profit, citing higher volumes and strong growth in North America. Adyen reported adju
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