UBER - Delivery Giants Uber DoorDash And Grubhub Fail To Halt NYC's Minimum Wage Increase: Report | Benzinga
Uber Technologies Inc. (NASDAQ: UBER), DoorDash Inc. (NYSE: DASH) and Just Eat Takeaway.com (OTC: TKAYF) owned Grubhub Inc now face a mandate to pay food delivery workers a minimum of $17.96 per hour after their efforts to overturn the New York City minimum wage were unsuccessful.
This verdict represents a notable achievement for New York in its pursuit to control widely used delivery services.
In a decision handed down by New York State Supreme Court Justice Nicholas Moyne, the city was given the go-ahead to enforce the rule, reported Bloomberg.
This means companies can either pay a straightforward hourly rate or opt for a per-delivery payment structure, approximating 50 cents per ...