Ride-Sharing

Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance

Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
March 07, 2022  |  Transportation

Uber raised its first quarter guidance Monday (March 7) and said its ride-hailing business is bouncing back from the omicron variant’s disruptions, The Wall Street...

READ MORE >
China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
July 06, 2021  |  International

In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite...

READ MORE >
Didi Warns Of Revenue Drop
Didi Warns Of Revenue Drop
July 05, 2021  |  Regulation

Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores...

READ MORE >
Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
July 06, 2020  |  Partnerships / Acquisitions

Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest...

READ MORE >
Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
June 26, 2020  |  Amazon Acquisitions

Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported.  Get the Full Story...

READ MORE >
Uber Taps Adomni For Vehicle Display Ads
Uber Taps Adomni For Vehicle Display Ads
February 25, 2020  |  Merchant Innovation

Uber patrons will start seeing ads on top of the cars coming to pick them up beginning April 1, according to Adweek on Monday (Feb.24)....

READ MORE >
Uber Makes Last-Ditch Effort To Stay In Colombia
Uber Makes Last-Ditch Effort To Stay In Colombia
January 21, 2020  |  Ridesharing

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. is asking for the Colombian government to put emergency...

READ MORE >
Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward
Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward
October 28, 2019  |  Ridesharing

Every journey tends to have speedbumps, and that appears to be the case when it comes to the efforts to bring more digital commerce – and...

READ MORE >
Bringing Autonomous Smart Shuttles To the Masses
Bringing Autonomous Smart Shuttles To the Masses
October 16, 2019  |  Intelligence of Things

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >