Ridesharing

Ridesharing
Uber Autonomous Unit Invests $150M In Toronto
September 14, 2018

Uber’s CEO used his first visit to the company’s Canadian tech hub to announce a new engineering hub in Toronto. Dara Khosrowshahi revealed that Uber plans to invest in a $200 million expansion of its self-driving vehicle center in the city. The new engineering hub...

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Uber Lawsuit Contends Company Saves Money By Misclassifying Drivers
September 12, 2018

Uber Technologies is facing a lawsuit that claims the ride-hailing company is misclassifying drivers in California as independent contractors in order to save money. According to a report in Bloomberg citing the lawsuit, the complaint alleges that Uber is able to avoid paying $9.07 an hour in...

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Grab Expands Payments To Vietnam
September 11, 2018

Grab, a Southeast Asian ridehailing company, announced Tuesday (Sept. 11) that it has inked a partnership with Vietnam’s Moca Technology and Service company. According to a report in Reuters, the deal furthers Grab’s push into digital payments and financial services. “This is a great step forward;...

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Uber Ecosystem Expands Into Uber Cash
September 10, 2018

Mention innovation and disruption and thoughts will often turn to Uber. The story of the ridesharing company’s massive disruption of the century-old regulated taxi industry is well-documented. The nuances of that disruption, however, may not be. According to a new PYMNTS column from Karen Webster — one...

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What Innovators Can Learn From Uber Cash
September 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Biologists wanted to better understand how to keep the human body’s ecosystems from being devastated by disease, so humans could live longer,...

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Formativ Health Teams Up With Lyft For Patient Rides
September 07, 2018

To help patients get rides to their medical appointments, Formativ Health is teaming up with Lyft. The health services company plans to work with Lyft to integrate the ridesharing company’s Concierge into its patient engagement platform (PEP), Formativ said in an announcement. Formativ Chief Technology Officer David...

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Uber Launching Taxi-Hailing Service In Nagoya
September 06, 2018

Uber Technologies, the ride-hailing startup, announced on Thursday (Sept. 6) that it is launching a taxi-hailing app in Nagoya as it aims to expand in a country where its services aren’t in operation. According to a report in Reuters, citing Uber, the service will be for...

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Uber’s Newest Project? Reinventing Its Payments Experience
September 05, 2018

The transportation company that innovated payments by delivering the Uber experience is at it again — this time, by making it easier and more rewarding for its users to pay for products and services inside its growing ecosystem. Uber Cash launched today (Sept. 5), providing...

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In San Fran, Scooters Make (Controlled) Return
August 31, 2018

Turns out scooters may be slowing to a crawl. In the wake of the continued controversy over bike and scooter “littering,” one major proving ground — the city of San Francisco — has granted permits to only two dockless, bike-renting companies. The permits have gone...