Uber may be exiting some international markets — but when it comes to India, the ride-hailing company is staying put. Citing an email penned by Uber’s India head Pradeep Parameswaran, CNBC reported he told executives — including chief executive Dara Khosrowshahi and CFO Nelson Chai...
Uber, the ride-hailing company, could make an acquisition to boost its e-scooter business, reported Engadget. Citing The Information, Engadget reported sources said Uber had talks with Bird and Lime, the scooter-sharing services, about a deal recently. Uber was reportedly trying to overcome shortages of scooters,...
Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on rival Grab. According to Bloomberg, sources said GO-JEK’s beta app will be available to a limited number of consumers before it expands to...
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Companies are competing...
Many Africans who can’t afford to buy a vehicle are becoming drivers for rideshare companies in order to secure a discount and loan on a car. Reuters reported that there are 25 cars per 1,000 Kenyans, compared to 786 in the United States, according to...
Uber, the ride-hailing company, announced on Wednesday (Nov. 14) Uber Rewards, a new loyalty program that lets customers earn every time they use Uber or Uber Eats. In a company blog post, Uber said the new program provides users with four membership levels, including Blue,...
General Motors announced that is expanding its car-sharing subsidiary Maven, making its P2P service available to non-GM vehicles. According to sources, Julia Steyn, vice president of GM Urban Mobility and Maven, said Monday (November 12) during a presentation at the UBS Global Technology Conference in...
Lyft, the ride-hailing company that reached 1 billion rides in September, announced news on Monday (November 12) that it is gearing up to roll out a loyalty program dubbed Lyft Rewards. In a company blog post, Lyft said the program is being launched in the...
Taxify’s CEO believes his company can grow another 100 times as it competes with rival Uber in Europe and Africa. In an interview with CNBC at the Web Summit tech conference in Lisbon, Portugal, Taxify CEO Markus Villig revealed that he sees major potential for...