A German court on Thursday (Dec. 19) banished Uber from running its ride-hailing service in Germany because the company doesn’t have the right licensing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Uber is planning to ring in 2020 with increased investment in electric bikes and scooters, with an emphasis on Europe, CNBC reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lyft is rolling out a car rental offering starting in Los Angeles and San Francisco that will work similarly to that of traditional car rental companies, The Verge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. 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...
A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. Get the Full Story Complete the form...
The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in which it operates, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
India is considering a proposal to cap the commissions on app-based ride-hailing firms, such as Uber and Ola, to a total of 10 percent of the full fare, Reuters reported on Wednesday (Nov. 27), citing a draft document it reviewed. The move could reduce ride...
Uber’s rivals are looking to make their move in London as the rideshare giant is looking at a ban in the city. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. 25) statement from Transport for London (TfL). Get the Full Story Complete the form...
