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

Ride-Hailing App Ola Prepares For $500M IPO
Ride-Hailing App Ola Prepares For $500M IPO
July 09, 2021  |  IPO

Ola, the Indian ride-hailing startup and one of Uber’s chief rivals, announced Friday it is raising $500 million ahead of an initial public offering. Get...

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Chinese Officials Fine Digital Platforms Like Didi Over Unapproved Deals
Chinese Officials Fine Digital Platforms Like Didi Over Unapproved Deals
July 07, 2021  |  Regulation

Didi, Tencent and Alibaba are among Chinese digital companies being fined by China’s official market regulator — the State Administration of Market Regulation (SAMR) — over...

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China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

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China’s Didi Closes First Day At $14.20 After Opening Above $16
China’s Didi Closes First Day At $14.20 After Opening Above $16
June 30, 2021  |  IPO

Didi Global, a Chinese ridesharing firm, started trading at $16.65 per share on Wednesday (June 30) in its introduction to the markets. Didi had priced...

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China Scrutiny Casts Pall Over DiDi IPO
China Scrutiny Casts Pall Over DiDi IPO
June 25, 2021  |  IPO

Earlier this week, we reported that DiDi, the ride-hailing giant from China, is hoping to hit a target of more than $60 billion — even...

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Bird Expands Its eBike Fleet, Launches Smart Vehicle
Bird Expands Its eBike Fleet, Launches Smart Vehicle
June 23, 2021  |  Ridesharing

Electric transportation startup Bird has added shared eBikes to its fleet of vehicles along with the launch of Bird Bike, a shared smart vehicle, the...

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Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
June 17, 2021  |  News

In today’s top news, Wise plans to go public in London via direct listing, and Ant Group could go public at a slashed valuation. Plus,...

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China Probes Ride-Hailing Giant Didi Ahead Of IPO
China Probes Ride-Hailing Giant Didi Ahead Of IPO
June 17, 2021  |  IPO

Regulators in China have launched an antitrust probe into the ride-hailing company Didi Chuxing just as it prepares for what could be the largest American...

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New Report: Digital Identity Verification Keeps Ridesharing Customers, Drivers Safe
New Report: Digital Identity Verification Keeps Ridesharing Customers, Drivers Safe
June 17, 2021  |  Identity

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