Transportation

Ridesharing
Go-Jek Valuation Now Near $10B After Fresh Round Of Fundraising
February 01, 2019

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...

Ridesharing
Uber Updates App With Public Transit Options
February 01, 2019

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...

Ridesharing
Lime, Bird Raise Money At Lower Valuations
January 21, 2019

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...

Ridesharing
HERE Releases New Social Transport App, SoMo
January 07, 2019

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...

Ridesharing
Court Tells Grab To Pay Vietnam Taxi Operator For Lost Business
December 28, 2018

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...

Ridesharing
BMW Launches Ride-Hailing Service In China
December 17, 2018

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...

Ridesharing
Study: Lyft Growing 2x As Fast As Uber
December 13, 2018

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...

Ridesharing
Lyft Teams With Nonprofit For Grocery Access Program
December 11, 2018

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...

Ridesharing
Uber Eyes 2019 IPO
December 09, 2018

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...