Ridesharing

Ridesharing
Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
April 24, 2024

Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs to manage ground transportation for executives on their behalf, Uber for Business said in a Wednesday (April 24) press release. With...

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Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
April 24, 2024

The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform. And...

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Uber Courts Parents of Small Children With Uber Car Seat
March 26, 2024

Following offerings aimed at young drivers, Uber is now reaching out to even younger passengers. More to the point, the parents of those young passengers, with a new service called Uber Car Seat, announced Tuesday (March 26) for customers in America’s two largest cities. “Now available in New...

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Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
March 15, 2024

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. The rideshare companies said they will stop operating there on May 1, Reuters reported Friday (March 15)....

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Uber Looks to Tap Into India’s Scooter and Motorbike Market
February 22, 2024

Uber reportedly wants to move deeper into India’s two- and three-wheeled vehicle market. Speaking during an event Thursday (Feb. 22) in Bangalore, CEO Dara Khosrowshahi said the company was trying out services from scooters to motorbikes in what he referred to as his “toughest market,” providing a blueprint for...

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Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
February 14, 2024

Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching the supply and demand for movement, of course, for drivers and customers to link up...

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Lyft Guarantees Rideshare Drivers 70% or More of Fare
February 06, 2024

Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key concerns such as earnings, deactivations and safety, Lyft said in a Tuesday (Feb. 6) blog post. “We take driving as...

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Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
December 29, 2023

While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgraded both Uber and Lyft, Seeking Alpha reported Friday (Dec. 29). Uber, the dominant player in the ridesharing industry,...

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Uber Expands Safety and Earning Features on Driver App
November 13, 2023

Uber is adding several features related to safety, navigation and earning to its app for drivers. “Today we’re announcing improvements to the Uber Driver app, while also making earning on Uber safer and fairer,” Uber CEO Dara Khosrowshahi said in a Monday (Nov. 13) blog...