Sections
Ridesharing
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6.2KSoftBank Might Buy Multi-Billion Dollar Stake In Uber
Reports say that SoftBank has contacted Uber about the possibility of buying a “multi-billion dollar stake” in the ridesharing company — less...
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3.6KUber Revamps Driver Support System
In an attempt to retain its drivers and recruit new ones, Uber is revamping its driver support system. According to news from Recode,...
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3.7KLyft’s Gross Bookings Grew At A Faster Rate Than Uber’s In Second Quarter
Ridesharing company Lyft’s gross bookings grew approximately 25 percent to more than $1 billion in the second quarter — a faster rate...
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3.4KDidi Chuxing And SoftBank To Invest $2B In Grab
Didi Chuxing, the Chinese ride-hailing company, and SoftBank are reportedly teaming up to invest $2 billion in Grab, the leading ridesharing company...
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9.0KStartup Cargo Raises $1.75M To Turn Uber, Lyft Cars Into Small Mobile Shops
Startup Cargo has raised $1.75 million in seed funding to place mobile shops in Uber and Lyft drivers’ vehicles. According to Tech...
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3.9KGrab Poised To Raise $2B In Funding
Grab Taxi Holdings, the Singapore ride-hailing company and Uber Technologies’ largest rival in Southeast Asia, is in the processing of raising $2...
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6.9KUber Investors Looking To Sell Shares?
Uber Technologies’ venture capitalists and the company’s board may be gearing up for a share sale to SoftBank Group and others, at...
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4.3KUber And Yandex To Create New Company In Russia
Uber announced Thursday (July 13) that it is teaming up with Yandex to create a new company that combines its Rides and...
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3.2KUber Informs Investors That Bookings Will Rise As Losses Decline
Uber told investors to expect bookings to increase and losses to narrow during its first presentation to shareholders since Travis Kalanick was...
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4.5KRide-Hailing Returns To Long Island And Upstate New York
The New York Times reports news that ride-hailing has returned to New York state and Long Island after a two-year battle by...
- 9.9K
The End Of The Uber Experience?
Friction is something that I talk and write about a lot. Its abundance in payments and commerce is what inspires innovators to...
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4.8KLyft’s John Zimmer On The Uber Rivalry
With 30 percent of the app-driven ridesharing trips taken in the United States, a decade into its journey, Lyft is proving to...
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3.9KAnd Now, Uber By Boat
By land, yes, and now by sea. Even amid turmoil at the top of its executive ranks and competitive pressures by the...
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3.5KUberPOOL Commuter Benefits Card Users Seeing Longer Wait Times
Many UberPOOL customers who use a commuter benefits card have reported much longer wait times to get a ride than those using just a...
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3.3KRidesharing Co. Uber Enables In-App Tipping For US Drivers
Carsharing app Uber, aiming to keep its drivers from jumping ship, has reportedly rolled out the ability for passengers to give drivers in...
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3.4KTravis Kalanick Has Resigned From Uber
After strong pressure from investors, Uber CEO and co-founder Travis Kalanick has officially resigned his position at the head of the company....
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Lyft Gaining Ground On Uber In The U.S.
Adding to Uber’s ever-expanding series of recent woes is a new need to look in its rearview mirror. Lyft, its long competitor in...
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4.1KRidesharing Co. Taxify Aiming To Take On Uber By Giving Drivers A Bigger Cut Of Fares
Taxify, the Estonia ridesharing startup, is aiming to take on Uber Technologies in the carsharing market by luring drivers with big profit-sharing incentives....
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5.0KRidesharing Startup Grab Aiming To Raise More Than $1B From Funding Round
Grab, the ridesharing startup in Singapore similar to Uber in the U.S., may raise more than $1 billion investment from strategic investors in...
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4.6KCareem Raised $150M As Part Of A $500M Venture Capital Funding Round
Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E...
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3.4KLyft’s Recent Fundraising Includes $25M From Jaguar Land Rover
Lyft, the ridesharing app, recently raised $600 million in venture funding with participation from Jaguar Land Rover, via its mobility services unit InMotion....
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3.9KUber CEO Travis Kalanick Leave Of Absence Up For Boardroom Discussion
Ridesharing company Uber has seen its fair share of scandal over the past year. With reported sexual harassment, discrimination, unprofessional behavior and...
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3.6KCab Industry May Soon Be Extinct
The yellow cab industry may become extinct soon, according to Chicago cabbies. With Uber and Lyft soaring to new heights in the sharing...
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Uber Fires 20 After Sexual Harassment Investigation
Is Uber safe? Uber employees, not just riders, may be asking this today as the ridesharing startup just fired more than 20...
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4.8KFrances Frei Takes The Wheel As Uber SVP Of Leadership And Strategy
Ridesharing startup Uber is shifting gears and appointing its first-ever senior vice president of leadership and strategy: Massachusetts management academic Frances Frei,...
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Uber Bleeds $708M In Red Ink
It was a rough afternoon for Uber yesterday as the firm weathered the joint storms of Q1 results that indicate massive losses...
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3.5KLyft Goes Black Car
Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele. According to Bloomberg...
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3.7KVulog’s Plan To Compete With Uber
Drivers for ride-hailing services no longer need to own their own car. Instead, Uber and Lyft drivers can now take advantage of...
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3.6KUber Accounting Error Caused Underpayment To NYC Drivers
Uber accidentally underpaid drivers in New York City through more than the last two and a half years. As noted by several...
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3.2KUber And Lyft Returning To Texas?
Uber and Lyft, the two ride-hailing firms that left several Texas markets over controversy tied to fingerprint background checks, may be coming...
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4.5KUber Launches Trucking Dispatch Service
Uber launched its newest app on Thursday — a trucking dispatch service called Uber Freight. According to Recode, the app works in much...
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Town Of Innisfil Subsidizes Uber Rides For Residents
Uber, the ride-hailing app, is being embraced by the town of Innisfil in Canada at time when cities across the country and...
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5.1KDriver Guild Says Uber Competitor, Juno, Misled Drivers
For New York independent drivers and their passengers, the birth of local Uber rival Juno last year seemed like good news. Many...
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Judge Calls For Investigation Of Waymo’s Uber Claims
Uber saw a judge last week request federal prosecutors investigate the company to see if Uber Technologies and an executive worked together...
- 3.6K
Uber Dealt A Blow In Fight With EU Over Its Status
Uber Technologies, the ride-hailing app company, got hit with a legal blow on Thursday (May 11) in its fight not to be...
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4.3KGM Maven Launches Ridesharing Service For Gig Economy
Maven, GM’s dedicated mobility wing, has launched Maven Gig, which gives occasional gig economy workers access to ridesharing services, as well as enables...
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7.1KChina’s Didi Raises $5.5 Billion In Latest Round Of Funding
Didi Chuxing, the Chinese ride-hailing company, has raised greater than $5.5 billion in what is being billed as the largest round of...
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4.8KAAA’s Gig Car Sharing Service Now Live In Bay Area
Gig, a car sharing app created by AAA, the emergency roadside assistance service, is live in California’s Bay Area as of Monday...
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3.9KUber’s iPhone Tracking Ignites Complaint To The FTC
Identity protection is not just a nice-to-have but a necessity for tech companies to have in today’s risky online climate. As such,...
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1.5KUber Competitor To Expand With Possible Juno Acquisition
The ridesharing arena is an industry within the sharing economy that’s not likely to go away anytime soon. With Uber’s various troubles...
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2.2KNew York Seeking Tip Option On Uber App
Tipping a taxi driver is a common occurrence in New York City. When ridesharing apps came along, some offered an in-app tip...
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5.2KUber Lifts Financial Hood, Billions In Sales And Losses
The ride-hailing giant Uber Technologies has given investors and observers a glimpse under the hood of sorts. Bloomberg News reports that the technology upstart...
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3.1KLincoln Testing New Chauffeur Service That Supplies Driver For Your Car
Lincoln owners looking to feel like a VIP with a chauffeur to drive them around might soon be in luck: The car company...
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2.3KUber Getting Into The Patent-Purchasing Business
Uber, the ride-hailing app, announced Tuesday (April 11) that it is getting into the patent-purchasing business, launching a patent purchase program dubbed...
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5.0KLyft Close To Raising $500M, Giving It A $7.5B Valuation
Lyft, the ride-hailing startup, is close to raising higher than $500 million in funding, giving it a valuation of $7.5 billion, reported Fortune...
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3.9KUber Still Going Strong With Millennials
While Uber has had a rough few months, none of the company’s bad press seems to be deterring its millennial customer base...
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2.1KUber Shuts Down In Denmark In Latest European Setback
Due to new taxi laws in the country, Uber announced that it is shutting down its operation in Denmark next month. According to The...
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Arizona Trouble Leads Uber To Scale Back On Self-Driving Vehicles
As of Saturday (March 26), Uber confirmed that it will be suspending testing of its self-driving vehicle program. The announcement came after...
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3.7KLyft Rounds Up Rides For Charity
Lyft just rolled out a new way for riders to easily donate to charities. In the app settings, riders can select “Round...
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In Crisis, Uber Holds Press Conference Call
On Tuesday (March 21), the ridesharing startup held a press conference with reporters to help address much of the negative press the...
