This week, Uber announced it will overhaul its business model in Brussels and launched Uber Rent in the United Kingdom. Meanwhile, both Uber and Bolt face continued strikes in South Africa and Bolt has been forced to curtail its services in Tanzania. Uber users in...
Uber has plans to boost rates in the U.K., with a 5% increase in London fares as the company tries to draw in more drivers, a Bloomberg report said. The prices will be boosted by different rates depending on the city, and Uber’s goal is...
Lyft is introducing a media and advertising unit with a suite of products designed to help brands reach the growing number of people using rideshare services again now that the pandemic is mostly in the rearview mirror. The company has been working to build out...
In Lyft’s Q2 results, the ride-share company saw profits rising as demand surged due to continued reopenings of the economy after the pandemic, a company release said. The company also said it had seen more drivers signing up as people need money with the rising...
Carjackings are on the rise in Chicago and that combined with the rise in fuel costs has ride-hailing drivers less enthusiastic about taking to the road. As Bloomberg reported Wednesday (Aug. 3), there were more than 1,800 carjackings in Chicago in 2021, the highest number...
Uber has introduced a pair of features it said are designed to provide more flexibility and opportunities for the company’s drivers. According to a Friday (July 29) news release, the new features are known as Upfront Fares, which deals with the way drivers accept rides,...
Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. The Wall Street Journal reported Wednesday (July 20) that Lyft has been consolidating its global operations. The 60 people are less than...
The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People’s Bank of China, Reuters reported, citing a notice from the central bank. Didi’s payments division was fined for 12...
Uber’s past ghosts are still chasing the company, and the recent revelations exposing how top politicians secretly helped Uber to grow may have consequences beyond reputational damage. On Sunday, July 10, The Guardian revealed thousands of leaked files explaining the extensive help Uber got from...
