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July 5, 2018 01:26 pm GMT

Union, City Contracts Stopped Ubers Motivate Buyout

Unionization and strict city partnership contracts caused Uber to lose interest in bike-sharing company Motivate, according to recent reports. Those factors ultimately allowed Lyft to step in and make its own offer, buying the companyfor $250 million, CNBC reports, citing an unnamed source. In particular, unions are something Uber previously fought to avoid throughout several […]

The post Union, City Contracts Stopped Uber’s Motivate Buyout appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/07/union-city-contracts-stopped-ubers-motivate-buyout.html

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