Quarterly Earnings Reports of Gig-Economy Rivals to Offer Insights into the State of Gig Work and Delivery Demand
Smaller gig-economy rivals of Uber, including Lyft, Instacart, and DoorDash, will be reporting their quarterly results this week, providing valuable insights into the state of gig work and delivery demand. The ride-sharing sector has shown signs of recovery since the pandemic, but online grocery delivery has experienced a slowdown. In addition, customers continue to express concern about high food-delivery costs. These platforms are also exploring online advertising as a means to increase sales.
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