Uber has begun allowing customers in Brazil to pay more for shorter waits, due to a driver shortage apparently triggered by rising gas prices. As Bloomberg News reported on Friday (Oct. 15), the ride-hailing service is testing a feature in three Brazilian cities that will...
Uber announced on Wednesday (Oct. 6) that Uber Black and Uber Black SUV customers can book rides up to a month before they need them, in an effort to expedite the process after landing at one of more than 20 airports. Uber Black or Uber...
A Dutch court determined that Uber drivers should be deemed employees and thus covered by local labor laws, Reuters reported on Monday (Sept. 13). The Amsterdam District Court backed the Federation of Dutch Trade Unions, which had contended that Uber’s approximately 4,000 drivers in the...
Cao Cao Mobility, a ridesharing app, has reaped the benefits of investments from Chinese state investors as rival Didi sees itself mired in regulatory issues, the Financial Times (FT) reported Monday (Sept. 6). The company said it had raised $588 million from a group of...
Uber is working with retail technology company GetUpside to offer fuel and convenience store promotions to Uber drivers and delivery people. In a Tuesday (Aug. 17) announcement, Uber said the partnership began earlier in the month with a promotion that gave Uber drivers cash back...
Ride-hailing behemoth Uber is getting around the rules and regulations in Columbia by utilizing its platform to give local taxi drivers an insider take on local rides, Reuters reported on Wednesday (Aug. 11). The move is similar to others that Uber implemented in some Latin...
Didi Global Inc., a Chinese provider of ride-hailing services, is in negotiations that could give control of its data to a firm owned by the country’s government, Reuters reported on Friday (Aug. 6), citing unnamed sources. Didi collects data about car locations and trips and...
Investing for growth is a strategy that pays dividends — eventually. Maybe. But once the cash is spent, once the dollars allocated toward marketing, product development — you name it — what comes as return on investment, especially for the ride-hailing companies, might be less...
The ranks of Lyft’s Active Riders increased by over 3.6 million from the prior quarter — demand for the ridesharing platform continued to rise even as reported COVID case counts were on the uptick. Brian Roberts, Lyft’s chief financial officer, noted that the year-over-year revenue...