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 Giant Didi Eyes IPO, Could Raise $9 Billion
Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
March 19, 2021  |  News

Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...

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Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
March 16, 2021  |  Investments

Silicon Valley scooter and vehicle sharing platform Bird is launching an expansion across Europe and is earmarking $150 million to make it happen, according to...

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Lyft Revises Forecast; Sees Increase In Ridesharing
Lyft Revises Forecast; Sees Increase In Ridesharing
March 03, 2021  |  Earnings

Lyft reported a sooner-than-expected recovery with one of its best weeks since the pandemic started, according to CNBC. Get the Full Story Complete the form...

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Blacklane To Take On Uber, Lyft In Short-Range Trips
Blacklane To Take On Uber, Lyft In Short-Range Trips
February 28, 2021  |  Ridesharing

Berlin-based chauffeur service Blacklane is directly challenging Uber and Lyft in the short-distance passenger trip business, beginning Monday (March 1) in New York City, The...

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Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service To Europe
Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service...
February 25, 2021  |  International

In today’s top payments news around the world, RecargaPay has notched $70 million in a Series C funding round to expand its payments platform, while...

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Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
February 24, 2021  |  Ridesharing

Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” Get the Full Story...

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Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
February 10, 2021  |  Earnings

While its rival Uber continues to diversify, Lyft is playing it safe as the pandemic continues to hobble travel and mobility. The company announced its...

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Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir Arrives In London
Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir...
February 01, 2021  |  News

In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it...

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Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021  |  ANTITRUST

Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan....

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