As gig economy companies like Uber continue to bring in more money and users, the rising tide has not lifted all boats.
In the last quarter, rideshare and food delivery companies raked in the revenue: Uber brought in nearly $4 billion; DoorDash accrued $1.24 billion; Just Eat Takeaway, which owns Grubhub, made $884 million; and Lyft generated $765 million. But where is that money going?
According to Matt Spoke, CEO of gig economy fintech provider Moves Financial, a lot of it is being spent on...
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