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Stock impact report

In Brazil, delivery drivers for Uber, Rappi and others protest amid pandemic [Reuters]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Reuters
In Brazil, delivery drivers for Uber, Rappi and others protest amid pandemic SAO PAULO (Reuters) - More than a thousand food delivery drivers on motorcycles gathered in São Paulo on Wednesday to protest their work conditions, set by Uber Technologies Inc ( UBER.N ) and makers of other apps, as their services remain in high demand due to coronavirus lockdowns. The drivers seek better pay and improved health measures, with Brazil now a coronavirus epicenter and delivery workers facing exposure to the virus. Drivers paraded through Sao Paulo’s Paulista Avenue, the city’s main thoroughfare, blocking traffic, and also protested in other Brazilian cities. The government said this week that about 50% of working-age Brazilians are out of work due to the coronavirus, as the crisis pushes more and more people into precarious employment options. Lockdown measures have drawn more demand for delivered food in Latin America’s largest economy. Brazil’s iFood is the market leader, followed by Colom Show less Read more
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