Transportation

Ridesharing
For Uber’s Competition, London Calling
June 12, 2019

London calling. 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

Ridesharing
Lyft Sues SF Over Bikesharing Contract Violation
June 10, 2019

Lyft, the ride-hailing startup, has filed a lawsuit against San Francisco claiming officials in the city are violating a contract with the ride-hailing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
Uber COO And CMO Switch Out
June 09, 2019

Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca Messina will both be leaving the company. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Uber To Offer Helicopter Rides On Demand In NYC
June 06, 2019

Uber is expanding its transportation services, launching helicopter rides in New York City starting in July. 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...

Ridesharing
Analysts Sanguine On Uber Despite (Growing) Red Ink
June 05, 2019

Come on in, the water’s fine. 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 newsletter, PYMNTS Today. By completing this form, you agree to...

Ridesharing
Uber, Lyft Have Biggest Month Ever Despite NYC Ridesharing Caps
May 31, 2019

New York City has been trying to reduce traffic congestion by limiting new licenses to ridesharing drivers and making passengers pay an additional congestion fee. The moves did not stop Uber and Lyft from having their biggest month ever, according to Bloomberg. Get the Full...

Ridesharing
Uber Q1 Earnings Call Touts Rational Market; Lyft Shares Rise
May 31, 2019

In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within it. Lyft shares rose following the news, according to a report by CNBC. Get the Full Story Complete the form...

Ridesharing
Uber Leasing Program Helps Drivers Who Can’t Afford Cars
May 30, 2019

Ride-hailing giant Uber has teamed up with a leasing startup called Fair to help drivers without credit, or with low capital, secure a car, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Uber to Remove Low-Rated Riders From Platform
May 29, 2019

Uber is going to start deactivating riders with low ratings, according to a report. The ridesharing company started the new initiative on Wednesday (May 29) in the U.S. and Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...