Transportation

Ridesharing
Upcoming Tell-All Book Questions Uber’s Fee Structure
August 25, 2019

Uber is trying to reassure its customers before a tell-all book about the company is released. 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 our daily...

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New Uber Hub To Create 3K New Jobs In Texas
August 20, 2019

Texas Gov. Greg Abbott announced that Uber will receive $24 million from the state to establish a new U.S. General and Administrative Hub in Dallas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
August 12, 2019

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Uber Dials Back New Engineering Hires
August 11, 2019

Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. 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 our...

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Carsharing App Car2go Raises Rates For Short Trips
August 09, 2019

Car2go, a car rental app that lets users pay by the minute, is significantly raising its rates, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Google-Owned Waze Expands Carpooling Features
July 29, 2019

Waze, the GPS app owned by Google since 2013, announced that it is launching a new Carpool feature that allows users to invite multiple riders to join a carpool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Uber Announces Layoffs Of 400 Marketing Employees
July 29, 2019

Uber has laid off one third of the employees, or 400 people, in its marketing department, according to a report in The New York Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Southeast Asian Ride-Hailing Giant Grab Investing $2B In Indonesia
July 29, 2019

Japanese investor SoftBank will invest $2 billion over five years in the Southeast Asian ride-hailing firm Grab. 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 our...

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Toyota Backs China’s Didi With $600M To Expand Services
July 25, 2019

In a move to develop new car technologies in China, Toyota Motor Corp. is planning to invest $600 million in ride-hailing giant Didi Chuxing.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...