Gojek, the Indonesian company that started as a call center for hailing motorcycle taxis 10 years ago and today offers services ranging from ride-hailing to money transfer, is doubling down in Thailand. The company has rolled out a new, upgraded app for Thailand, replacing its...
Uber Technologies Inc. wants to shed part of its minority stake in Didi Chuxing, the Beijing vehicle-for-hire company that calls itself the world’s leading mobile transportation platform. Bloomberg News reported that a portion of Uber’s $6.3 billion, 15 percent stake in the Chinese company is up for grabs,...
JPMorgan Chase is ceasing the pandemic practice of letting employees Uber to work on the company dime, according to Bloomberg. The measure was put in place early in the pandemic in a move to ensure that employees below the managing director level could avoid public...
Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported. Shareholders, including Japan-based SoftBank, which first invested in Grab six years ago and in several later funding rounds, have urged...
Lyft said it saw a 7.3 percent jump in ride operations in August from the month prior, according to Reuters. Operations in Canada seemed to be recovering faster than those in the U.S., comparing the only two countries in which the rideshare company operates. Lyft...
Uber Technologies has entered the auto rental business in the United Kingdom, attributing the move to the desire to maximize social distancing. The technology company has entered a partnership with car rental provider CarTrawler, The Verge reported. Uber already has partnerships with CarTrawler in France...
Uber will use the same technology it employs to ensure drivers are wearing masks to verify passengers do the same, the company said in an announcement Tuesday (Sept. 1). Beginning in late September in the U.S. and Canada, and later in other regions, if a...
As Uber Technologies Inc. seeks to reinstate its license to provide ride-hailing services in London after a suspension, the city’s transportation regulator will leave the decision up to a judge. Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber...
Didi Chuxing, the Chinese ride-hailing service, has launched in Russia as the company’s first Eurasian market, a blog post on the company website announced. DiDi Express has launched in Kazan, the capital and largest city in the Republic of Tatarstan. Tatarstan is home to the...
