Apr 27, 2019

Chart: On-demand economy workers

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Chart: Axios Visuals

These are among the largest on-demand companies focused on unskilled labor, in which payment goes through the platform. A more liberally defined "gig" economy chart would be even larger.

The big picture: Almost all of these companies were created within the past decade.

Chart data: Lyft, Uber and Handy sourced from securities filings. TaskRabbit is for "background-checked" contractors, although not all are necessarily on the network currently. DoorDash, Instacart and Postmates data provided by companies to Axios. Axios also asked Caviar, which said "tens of thousands" and Wag, which declined to provide data.

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BIG3 to create a hybrid reality show about quarantine basketball

Illustration: Aïda Amer/Axios

Sports are on pause, and there's no timetable for their return. In the interim, leagues, teams and athletes are getting creative with ways to keep fans engaged.

The latest: A "quarantined reality show basketball tournament," courtesy of the BIG3, the upstart 3-on-3 basketball league founded by Ice Cube and his longtime business partner Jeff Kwatinetz.

Trump on coronavirus misinformation from China: "Every country does it"

President Trump brushed aside allegations that China — as well as Russia and Iran — are spreading misinformation about the origin of the coronavirus during a 64-minute call with "Fox & Friends" on Monday, telling the hosts that "every country does it."

Why it matters: Multiple verified Chinese government Twitter accounts have promoted different conspiracy theories, and Chinese foreign ministry deputy spokesperson Zhao Lijian suggested that the virus come from a U.S. military lab, Axios' Bethany Allen-Ebrahimian reports.

Go deeperArrow18 mins ago - World

Investment pros are selling while mom and pop buy the coronavirus dip

Illustration: Aïda Amer/Axios

As traders around the globe have frantically unloaded positions in recent weeks, so-called mom and pop retail investors have kept level heads and not sold out of stocks.

What they're saying: In fact, "the typical trader is buying equities on the dips," passive investment firm Vanguard notes in a research paper, adding that "older, wealthier traders are moving modestly to fixed income."