Transportation

Ridesharing
Lyft Gave 375M Rides In 2017; Expands Concierge Service
January 17, 2018

Lyft, the ride-hailing startup that is competing against Uber, announced Tuesday (Jan. 16) that it is expanding its Lyft Concierge service, which it rolled out with select partners last year, to businesses of all sizes. Get the Full Story Complete the form to unlock this...

A Rideshare Save For Busy Parents’ Woes
January 12, 2018

Shuttling kids from school to soccer practice used to mean managing car pools, traffic — and lots of friction. But software platforms with embedded payments are giving parents new options. In the latest PYMNTS Payments Powering Platforms Tracker™, powered by WePay, Zemcar co-founders Bilal Khan...

Ridesharing
Who Decided To Hold – And Fold – Uber Shares To SoftBank
January 08, 2018

Now that Uber has completed its secondary transaction with SoftBank, there is a clearer picture of just how much money the company’s investors are walking away with after the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Uber’s Kalanick Selling A Third Of His Uber Holdings
January 05, 2018

Uber former CEO Travis Kalanick will be selling nearly a full third of his 10 percent stake in Uber for $1.4 billion, according to new reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
China’s Didi Buys Uber’s Biggest Latin American Competitor
January 04, 2018

One of Uber’s ridesharing rivals, China’s Didi Chuxing, has acquired Brazilian startup 99, reportedly for around $1 billion. 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’s Latest Taxi Threat: Lenders And Medallion Loan Defaults
January 02, 2018

Driving a traditional taxi cab is not an inexpensive proposition because the medallions necessary to do the driving are not cheap. And, as Uber and Lyft have eaten up more and more of the market, drivers are defaulting on their debts. Get the Full Story...

Ridesharing
Uber Technologies Sells Money-Losing Auto Leasing Unit
December 27, 2017

Uber Technologies has reportedly sold its subprime auto leasing business in the U.S. to Fair.com, a car marketplace startup. 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...

Ridesharing
Daimler Buys Majority Stake In French Ridesharing Company
December 22, 2017

Daimler’s Daimler Mobility Services announced news on Thursday (Dec. 21) that it has acquired a majority stake in Chauffeur Privé, one of the leading private hire vehicle services in France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
EU Court To Rule On Uber’s Status This Week
December 19, 2017

A European Union court is slated to decide later this week if ridesharing firm Uber is a digital company or one that provides transport services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...