Go-Jek, the Southeast Asia ride-hailing company, raised a little more than $1 billion in a recent round of fundraising. 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...
Uber has announced that it is launching its first integration with public transit. The rideshare giant has partnered with the Regional Transportation District (RTD) so that users in Denver can find real-time information and directions to local public transportation via the Uber app. Get the...
Lime and Bird, the two electric scooter startups that raised hundreds of millions of dollars in funding in 2018, are aiming to raise more but at a lower valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
HERE Technologies, a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Grab, the leading ride-hailing company in Southeast Asia, was ordered by a court in Vietnam to pay $206,985 — or 4.8 billion dong — in a legal battle with Vietnam Sun Corp., the local taxi company that sued Grab over lost business. Get the Full...
BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to get a license to operate a ride-hailing service in the country. Get the Full Story Complete the form to unlock...
A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure, Lyft’s grew 32 percent — two times faster than Uber. Get the Full Story Complete...
To provide families with access to groceries in Washington, D.C., Lyft is teaming up with nonprofit Martha’s Table for its Grocery Access Program. The ridesharing company will provide discounted rides to families living in two of the city’s neighborhoods to and from the supermarket, according...
Uber is moving ahead with its initial public offering, filing paperwork with the Securities and Exchange Commission in the U.S. last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...