Delivery and Rideshare Networks


June 27, 2025

More Robotic Delivery Tests In the News

By Steven Fox

We think another recent wave of news about U.S. pilot programs testing autonomous last mile delivery highlights what can be a significant robotics opportunity for on-demand delivery networks over the long term for companies such…

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June 2, 2025

Getting Ready for a Hot Summer of Autonomous Debate

By Steven Fox

We think recent news flow from the past several days is likely to again “heat up” the discussion for investors on the autonomous rideshare front, especially when it comes to the shares of Lyft (LYFT;…

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March 27, 2025

Do Higher Airport Fees on Rideshare Matter?

By Steven Fox

We think recent news flow of increasing pick-up and drop-off fees that are added on to rideshare trips at certain U.S. airports bears watching since we assume these fees are ultimately passed on to consumers…

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December 6, 2024

Autonomous Overhang on Rideshare Stocks Becomes Palpable

By Steven Fox

On Thursday (12/5), the shares of Lyft (LYFT; $15.50; O/P) and Uber Technologies (UBER; $65.23; O/P) both traded down by ~10% after Waymo, a subsidiary of Alphabet (GOOGL; $174.31; NR), announced its Waymo One autonomous…

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November 18, 2024

Autonomous Debates Offer UBER and LYFT Buying Opportunities

By Steven Fox

The shares of Uber Technologies (UBER; $69.33; O/P) and Lyft (LYFT; $17.30; O/P) both traded down 5% today (11/18), on the heels of press reports that the incoming Trump Administration plans to create a set…

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October 25, 2024

An Autonomous Overhang on Rideshare in Retreat?

By Steven Fox

We think the muted reaction in the shares of Uber Technologies (UBER; $77.79; O/P) and Lyft (LYFT; $13.81; O/P) over the past 36 hours to some important news on the “autonomous front” from Tesla (TSLA;…

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July 25, 2024

A Good Ruling for Rideshare and Online Delivery Players

By Steven Fox

Earlier today, the California Supreme Court ruled the state’s Proposition 22, which was passed in 2022, as constitutional after a group of rideshare drivers and labor unions challenged the constitutionality of the legislation. Recall, Proposition…

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July 15, 2024

Some Regulatory Rumblings

By Steven Fox

This morning, Bloomberg is reporting that New York City’s Taxi and Limousine Commission (TLC) is working on developing a stricter set of rideshare driver pay rules, which are expected to be introduced over the next…

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June 28, 2024

Another Regulatory Overhang Removed for Rideshare

By Steven Fox

Yesterday, Lyft (LYFT; $14.02; O/P) and Uber Technologies (UBER; $72.44; O/P) reached an agreement with the Massachusetts State Attorney General’s office to set a minimum wage standard and offer a range of benefits for rideshare…

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May 30, 2024

Amazon Wades Further into Restaurant Delivery

By Steven Fox

Amazon (AMZN; $180.28; NR) looks to be tightening its on-demand food delivery partnership with Just Eat Takeaway.com’s (TKWY.NL; €12.19; NR) Grubhub with today’s announcement that Prime members can now activate a free Grubhub+ subscription that…

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May 7, 2024

Uber Eats to Be Available on Instacart Platform

By Steven Fox

This morning, Maplebear, doing business as Instacart (CART; $36.53; E/W) and Uber Technologies (UBER; $71.51; O/P) announced a surprising strategic partnership whereby customers will be able to use the Instacart app to order food delivery…

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January 16, 2024

CES Highlights Ads Focus of Delivery & Rideshare Networks

By Steven Fox

We think a just announced Maplebear, d/b/a Instacart (CART; $23.09; O/P), tie-up with Google Shopping ads plus presentations from Uber Technologies’ (UBER; $63.20; O/P) Megan Ramm, Global Director, Head of Consumer Packaged Goods (CPG) Partnerships,…

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January 9, 2024

New DoL Rules Look Manageable

By Steven Fox

This morning, the Department of Labor (DoL) issued a final rule, which becomes effective on March 11th, that provides additional guidance towards the agency determining if a worker should be considered an employee or independent…

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November 3, 2023

A Major Rideshare Regulatory Agreement

By Steven Fox

Yesterday, Lyft (LYFT; $9.94; E/W) and Uber Technologies (UBER; $46.48; O/P) each announced an agreement with the New York State Attorney General’s office to set a minimum wage standard for rideshare drivers, while maintaining that…

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March 14, 2023

A Prop 22 Win for Shared Economy Business Models

By Steven Fox

Last night, the California Court of Appeal overturned a lower court’s ruling that found Proposition 22 to be unconstitutional. Prop 22, which defines app-based drivers and couriers as independent contractors with certain work-hour based benefits,…

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