Uber Technologies is continuing its global expansion with a launch in Israel that is facilitated by joining its ride-hailing platform with a nationwide taxi network, according to a Reuters report Tuesday (July 5). Thousands of independent and company-tied taxi drivers have joined Uber’s Israeli operation,...
Lyft and Hertz are partnering and launching new offerings intended to make summer air travel easier, according to a Monday (June 27) press release. Lyft is offering Priority Pickup for customers in select markets heading to airports, and is now allowing shared trips for airport...
For those who prefer or need to pay using cash, rideshare platform Lyft is partnering with more than 35,000 retailers across the U.S. — including Walmart, ACE Cash Express and Kroger Family of Stores — to enable people to use paper money to add to...
Shareholders in Chinese ride-hailing app Didi Global have voted to delist the company from the New York Stock Exchange (NYSE), the company announced in a Monday (May 23) press release. The shareholder vote to delist was a move inspired at least in part by a...
Uber on Monday (May 16) announced several new innovations it will roll out to enhance its ride-hailing core business, including autonomous deliveries and charter bus reservations, according to a blog post by CEO Dara Khosrowshahi. The company has also launched Uber Travel in the U.S.,...
Turning 10 years old this month, Lyft is back in recovery mode as pandemic restrictions come off coast-to-coast, slowly bringing back popular products like shared rides and maintaining a singular focus on transportation through recent investments in urban mobility. President John Zimmer was future-focused during...
Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. As Tech Funding News reported Wednesday (April 27), OnTime will use the funding from the Series A to build a fleet of...
Shares of Chinese ride-hailing firm DiDi fell Monday (April 18) after the company said it would hold a meeting next month to vote on delisting its shares from the New York Stock Exchange. As Bloomberg reported, DiDi’s American depositary receipts tumbled as much as 23%...
Lyft and Spin are teaming up to offer scooter transportation in 60 U.S. markets with an initial rollout in Nashville, Tennessee, followed by 13 additional cities in April, according to a press release on Thursday (March 24). By partnering with Spin, Lyft is offering riders...
