Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

Grab Prepares for Layoffs Amid Slowing Growth
Grab Prepares for Layoffs Amid Slowing Growth
June 20, 2023  |  News

Singapore’s Grab is readying its largest round of job cuts in three years. The ride-hailing and food delivery platform announced Tuesday (June 20) that it...

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Micromobility.com and EVmo Plan Merger to Expand B2B Vehicle Rentals
Micromobility.com and EVmo Plan Merger to Expand B2B Vehicle Rentals
June 07, 2023  |  Transportation

Micromobility.com and EVmo have signed a letter of intent to merge. The planned merger will bring together micromobility.com’s micromobility solutions and vehicle rentals and EVmo’s...

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Uber’s European Business Grows After Partnering With Taxi Drivers
Uber’s European Business Grows After Partnering With Taxi Drivers
May 29, 2023  |  Ridesharing

A growing share of European taxi drivers’ business is coming from Uber. The share of these taxi drivers’ rides that are booked on the platform...

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Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
May 19, 2023  |  Earnings

Grab’s earnings results show that more consumers are coming to the platform to transact, more drivers are coming to the platform to earn, and engagement beyond ride-hailing...

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Getaround Acquires HyreCar to Strengthen Carsharing Business
Getaround Acquires HyreCar to Strengthen Carsharing Business
May 15, 2023  |  Partnerships

Two carsharing companies are coming together as Getaround acquires HyreCar. With this transaction, HyreCar’s carsharing marketplace for ridesharing and food and package delivery services will...

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Uber One Members Drive 27% of Mobility Platform’s Gross Bookings
Uber One Members Drive 27% of Mobility Platform’s Gross Bookings
May 02, 2023  |  Ridesharing

Uber’s latest quarterly earnings results showed a continued rebound in ride-hailing, and the company’s membership program, Uber One, continued to show evidence that the “cross-selling”...

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HumanForest Raises $15 Million to Grow UK eBike Business
HumanForest Raises $15 Million to Grow UK eBike Business
April 30, 2023  |  Ridesharing

U.K.-based micromobility firm HumanForest has raised $15 million to boost its eBike technology. The company announced its Series A funding Friday (April 28), saying it...

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Lyft Cuts Quarter of Staff to Drive Down Costs
Lyft Cuts Quarter of Staff to Drive Down Costs
April 27, 2023  |  Personnel

Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs. The company said last week it would “significantly reduce”...

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Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
April 21, 2023  |  Ridesharing

Lyft will “significantly reduce” the size of its workforce next week. The company did not specify the number of employees who will be affected, instead...

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