Following government calls for Spain’s regional authorities to draw up regulations for the ride-hailing sector, the Junta de Andalucía is expected to soon announce details of how it will regulate the likes of Uber, Cabify and Bolt which operate on the Costa del Sol. Mobility...
Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). According to a news release, the launch involves South Africa, Ghana, Kenya, Côte d’Ivoire and Nigeria and includes an Audio Recording offering,...
The Vietnamese startup Be Group, a rival of ride-hailer platform Grab, said it’s gotten a loan facility of $60 million, a Bloomberg report said Monday (Sept. 5). The loan, coming from Deutsche Bank, comes with a provision to allow financing to increase to as much...
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...
Gatik and Cummins will collaborate to integrate Gatik’s autonomous driving system with Cummins’ advanced powertrain solution, working to improve the performance, safety and fuel efficiency of Gatik’s medium-duty delivery trucks. These trucks are designed to serve customers’ needs for autonomous middle-mile logistics, the companies said...
As a key facilitator of intercontinental trade, Morocco plays a critical role in the global logistics space. Home to Africa’s largest port by cargo capacity in Tangier Med, numerous shipping routes connect Morocco to Spain at the only land border between Europe and North Africa....
Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. But then again, supply chain snarls have driven used car prices to astronomical levels in recent months. For the drivers themselves, few financing options are as frustrating...
Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank said. It comes as Americans are eager to travel, but many Americans have been reporting that they wait for a...
With PayPal reporting in early August that buy now, pay later (BNPL) usage surged 226% in the second quarter, it’s a strong indicator that installment credit is helping fuel a travel bump this year that’s maintained momentum despite inflation, and keeps branching out into new...