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-0.00174322138911638 -0.00133156910927676 0.00287736542540904 -0.00447356814315405 0.0150589124818853 0.017789259235923 0.00981244618066506 0.0303908596391742
Stock impact report

Uber launches effort to help drivers find other work during coronavirus crisis [The Verge]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: The Verge
Illustration by Alex Castro / The VergeDemand for ride-hailing in cities is down severely due to the coronavirus pandemic, and as such, drivers are struggling to find work. is rolling out a new feature for drivers that is designed to help them find work during this crisis — even if that work is for a different company. drivers received an email on Monday announcing a new feature in the driver app calledthe Work Hub Eats Freight WorksLike most shared transportation services, has seen a precipitous drop in ridership as a result of the pandemic. The company’s gross bookings in Seattle, a city hit hard by COVID-19, is down by 60 to 70 percent, and is assuming similar declines in other big cities like San Francisco, Los Angeles, and New York City. The virus has cut ’s overall business by as much as 50 percent,according to The InformationThe company is providing financial assistancesomeoffering to hire out-of-work and Lyft driversseeking unemployment insuranceThe Work Hub is Show less Read more
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