Search results for "ride-hailing"

December 20, 2023
Uber Agrees to Raise Minimum Wage for French Drivers

Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip — up from 7.65 euros ($8.38)...


December 19, 2023
Korea’s FTC Proposes Bill to Curb Monopolistic Practices by Platform...

In a move aimed at promoting fair competition and protecting consumers from monopolistic practices, the Fair Trade Commission (FTC) of South Korea has proposed a bill to prevent platform operators...


December 19, 2023
Competition and Artificial Intelligence: An Australian Policy Perspective

A quarter of a century ago, there were numerous internet search engines. Now, one company has a near-monopoly. Might the same happen with artificial intelligence engines? The rapid uptake of...


December 15, 2023
Local Transport App Use Soars Nearly 30% as Commuters Embrace...

Consumers are actively engaging in various digital activities, according to the latest edition of the “How The World Does Digital” report by PYMNTS Intelligence, which highlighted a 6.5% increase in...


December 06, 2023
Curb Launches Open API That Aggregates Ride-Hailing Demand

Curb, a taxi solutions and ride-hailing app, has unveiled an open application programming interface (API) that aggregates ride demand from various sources.  The new Curb Flow API aims to revolutionize...


December 04, 2023
Uber Shares Climb 5% as Company Secures Spot in S&P...

Ride-hailing giant Uber recorded a 5% increase in its shares Monday (Dec. 4), following the news that it was chosen to join the S&P 500. The announcement from S&P Dow...


November 27, 2023
Report: Shein Files to Go Public, Aims to Top $66...

Shein has reportedly confidentially filed to go public in the United States, potentially making it one of the biggest initial public offerings (IPOs) in recent years.  The online fashion company’s IPO...


November 22, 2023
Cruise Plans to Resume Robotaxi Service in One City 

Cruise, the autonomous vehicle unit of General Motors, is reportedly planning to resume its robotaxi service with a more focused approach.  After facing safety mishaps and regulatory scrutiny, Cruise has decided to scale...


November 10, 2023
Lyft Doubles Down on Rides as Uber Focuses on Growing...

It’s commonplace to mention Uber and Lyft in the same breath in any conversation about the great travel snapback. As earnings reports through the past few days have shown, the...