Transportation

Ridesharing
Careem Raised $150M As Part Of A $500M Venture Capital Funding Round
June 16, 2017

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding round with $500 million raised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Ridesharing
Lyft’s Recent Fundraising Includes $25M From Jaguar Land Rover
June 13, 2017

Lyft, the ridesharing app, recently raised $600 million in venture funding with participation from Jaguar Land Rover, via its mobility services unit InMotion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Uber CEO Travis Kalanick Leave Of Absence Up For Boardroom Discussion
June 12, 2017

Ridesharing company Uber has seen its fair share of scandal over the past year. 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...

Ridesharing
Cab Industry May Soon Be Extinct
June 07, 2017

The yellow cab industry may become extinct soon, according to Chicago cabbies. 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...

Ridesharing
Uber Fires 20 After Sexual Harassment Investigation
June 06, 2017

Is Uber safe? Uber employees, not just riders, may be asking this today as the ridesharing startup just fired more than 20 people for sexual harassment and related hostile work environment claims, the company told employees Tuesday afternoon (June 6). Get the Full Story Complete the...

News
Frances Frei Takes The Wheel As Uber SVP Of Leadership And Strategy
June 06, 2017

Ridesharing startup Uber is shifting gears and appointing its first-ever senior vice president of leadership and strategy: Massachusetts management academic Frances Frei, a Harvard Business School (HBS) faculty member and author of Uncommon Service: How to Win by Putting Customers at the Core of Your...

Ridesharing
Uber Bleeds $708M In Red Ink
June 01, 2017

It was a rough afternoon for Uber yesterday as the firm weathered the joint storms of Q1 results that indicate massive losses of profit and a head of finance that has decided to move on. Get the Full Story Complete the form to unlock this...

Ridesharing
Lyft Goes Black Car
May 26, 2017

Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele. 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
Vulog’s Plan To Compete With Uber
May 25, 2017

Drivers for ride-hailing services no longer need to own their own car. 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...