Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Nadiem Makarim, founder of Indonesia’s ride-hailing startup Gojek, the country’s most valuable unicorn, is resigning as chief executive officer to work for the government, TechCrunch reported on Monday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Uber Eats announced that it has launched a new pickup feature nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Ride-hailing companies Uber and Lyft decided not to attend a U.S. House of Representatives meeting on subjects affecting the industry, even as they were officially requested to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber has launched a two-week boat service pilot in the Nigerian capital of Lagos. The city is already well-known for its highly congested roads, and the United Nations (UN) has predicted that the country’s population will more than double to 400 million by 2050, making...
The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and Uber asking them to participate in a hearing about issues facing the ridesharing industry. Get the Full Story Complete the form to unlock this...
Marking the third round of layoffs since August, Uber has laid off approximately 350 employees across multiple teams in the company with the inclusion of Uber Eats. Shares in the ride-hailing company increased 3.2 percent after the news, CNBC reported. Get the Full Story Complete...
Renault has started a public trial of its on-demand car service on the Paris-Saclay urban campus, according to a press release on Monday (Oct. 14). A panel of around 100 people will use the service — provided by two electric, autonomous and shared Renault Zoe...
Mastercard is teaming with the taxi ride-hailing app Curb to help the American Cancer Society’s Road to Recovery program, which provides free rides to patients going for cancer treatment, Mastercard announced in a press release on Monday (Oct. 14). Get the Full Story Complete the...
