Rideshare company Lyft has announced that Citi Bike has now been completely integrated into its smartphone app. In July 2018, Lyft acquired Motivate, the largest bikeshare operator in the U.S. and the parent company of Ford GoBike and Citi Bike. Lyft reportedly paid approximately $250...
General Motors is winding down its carsharing service dubbed Maven in eight of the 17 cities in the U.S. where it is operational. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The New York Attorney General’s office and New York Mayor Bill de Blasio have both ordered investigations into the practices of the taxi industry that has resulted in drivers saddled with crushing debt after being steered into costly loans. Get the Full Story Complete the...
Cargo has gone international by expanding its partnership with Uber to include Brazil. 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....
Kapten, a ride-hailing startup that’s backed by Daimler and BMW, has started operating in London and has put up ads targeted at Uber about how it avoids taxes in the U.K., according to a report by TechCrunch. Get the Full Story Complete the form to...
Indian ride-hailing company Ola is getting into the credit card business, teaming up with SBI Bank in India and Visa to launch a credit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and retaining more drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of 2020, according to a report by CNBC. He does, however, agree that the future is going to be in electric...
Uber announced that it is partnering with leading technology-driven mobility platform Yulu to provide users with the option to ride eBikes and bicycles in Bengaluru, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...