gig economy
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DoorDash Is Looking To Raise Over $4 Billion In Its IPO
DoorDash — everyone’s favourite (albeit exploitative) food delivery service — is apparently hoping to raise a whopping $US3.1 ($4) billion dollars as part of its initial public offering, per a regulatory doc the company filed with the SEC on Friday. 33 million shares priced between $US90 ($121) and $US95 ($128) dollars each are expected to…
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Delivery Drivers Are Hanging Smartphones In Trees To Beat The System
If you see smartphones dangling from trees outside an Amazon delivery station or your local Woolworths, it’s not because gig-economy Christmas decorations are already up. (It happens earlier every year!) Those phones are there for contract delivery drivers who are gaming Amazon’s distribution system.
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DoorDash ‘Pizza Arbitrage’ Shows The FUBAR Economics Of Delivery Apps
Another sign of how fundamentally screwed the economics underlying the app economy are: It is possible to take advantage of exploitative food delivery platform DoorDash’s efforts to sign up restaurants without their consent to engage de facto “pizza arbitrage,” according to a report by the Margins.
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Uber CEO Decides Driver Safety Isn’t His Problem
Gig workers pose a clear danger where the continued spread of covid-19 is concerned. As to the open question of how to responsibly address this massive vector of workers, who are often uninsured and can’t afford not to work in spite of the risks, Uber CEO Dara Khosrowshahi has apparently washed his hands.