Uber has engaged in “advanced talks” about selling its air taxi business Uber Elevate to Joby Aviation, a report from Axios says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.S. government is enlisting Uber and Lyft to help provide transportation services for public agencies and employees, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Having survived the worst of COVID-19’s economic upheaval so far, top U.S. ridesharing companies Uber and Lyft have shifted from survival mode to being competitive rivals once again. Both are rolling out new initiatives aimed at swiping customers from each other. Get the Full Story...
Uber has rolled out a new service, Uber Reserve, aimed at helping riders better control their trips by allowing them to book a vehicle up to 30 days in advance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Silicon Valley rideshare giants Uber and Lyft must abide by a California Court of Appeals’ decision that they can no longer classify their drivers as independent contractors, pending a ballot measure giving voters a say on election day (Nov. 3). Get the Full Story Complete...
Rideshare platform Lyft is teaming up with Venmo to give riders the option to pay for their trip or split the cost with others, Lyft said in a statement on Thursday (Oct. 22). Get the Full Story Complete the form to unlock this article and...
The deal for Uber’s €1 billion-plus offer to buy Daimler/BMW’s Free Now is up in the air due to BMW’s hesitation, according to a Wednesday (Oct. 21) report in the German monthly business magazine Manager Magazin, per Reuters. Get the Full Story Complete the form...
SK Telecom and Uber Technologies have entered into two business arrangements — one an agreement to collaborate and the other a joint venture — focusing on the ride-hailing business, SK Telecom announced on Friday (Oct. 16). Get the Full Story Complete the form to unlock...
Ride-sharing firm Lyft is teaming up with Epic, which offers electronic health records (EHR), to offer services that will allow healthcare workers “to schedule a Lyft ride for a patient directly from that patient’s record,” Lyft announced in a Thursday (Oct. 8) blog post. Get the Full...
