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European Uber rival Bolt valued at $8.4 billion in new funding roundEstonia-based ride-hailing start-up Bolt says it has raised $711 million in a new round of funding led by Sequoia Capital and Fidelity.cnbc.com
Uber offers $20 off code to help prevent drinking and driving this holiday seasonMore parties, more outings and more fun doesn’t mean anyone should be driving irresponsibly. Harris County reportedly has the highest concentration of impaired driving fatalities in the entire state of Texas.
Gig economy companies are having to spend more than ever to find hosts and driversAirbnb and DoorDash saw their marketing costs soar more than 100% in the second quarter, but the spending wasn't focused on supply, not demand.cnbc.com
