Uber’s stake in Didi shrank by $2 billion this week amid China’s crackdown on U.S. listings. In less than one month, the ride-hail giant’s one-time $9.4 billion stake in the Chinese ride-hailing giant dropped by half, CNBC reported on Friday (July 23). Get the Full...
Uber is in the news again this week after announcing plans to double up on grocery delivery via a new partnership with supermarket chain Albertsons that will add 1,200 stores to its platform. As a result, Uber Eats will now be available in 400 U.S....
With cities around the country easing their COVID restrictions, Lyft has reintroduced shared rides, its lowest-cost ride option, in three U.S. cities. The feature will roll out in Philadelphia, Chicago and Denver, with more cities to follow, the ride-hailing service said on Thursday (July 15)....
Chinese regulators, including the Cyberspace Administration of China, mandated that app stores in the country delete 25 apps relating to ride-hail platform Didi, including its financial services application and its carpool app, the Wall Street Journal reported on Friday (July 9). Get the Full Story...
Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in app stores in the country, CNBC reported on Wednesday (July 7). Get the Full Story Complete the form to unlock...
Electric transportation startup Bird has added shared eBikes to its fleet of vehicles along with the launch of Bird Bike, a shared smart vehicle, the company announced in a Wednesday (June 23) press release. Get the Full Story Complete the form to unlock this article...
Uber in the U.K. is back in the driver’s seat as more people head out of their homes as COVID lockdown restrictions ease. Numbers returned to pre-pandemic levels and bounced back quicker than the rideshare giant expected, Financial Times reported on Monday (June 7). Get...
People can now use the Uber app to book vaccine appointments, make car rental reservations, secure rides by the hour for multiple stops and more, according to a company blog post on Wednesday (April 28). Get the Full Story Complete the form to unlock this...
Electric moped-sharing startup Revel is venturing in new directions, planning to launch its own ride-hailing service in New York City using only Tesla electric vehicles, The Verge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
