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

Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 

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...

READ MORE >
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...

READ MORE >
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....

READ MORE >
China’s Didi Chuxing Lands $300 Million For Driverless Cars
China’s Didi Chuxing Lands $300 Million For Driverless Cars
January 28, 2021  |  Investments

Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, adding to the $500 million the company raised in May, according...

READ MORE >
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To Become International Player
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To...
January 27, 2021  |  International

In today’s top payments news around the world, Klook has closed a Series E funding round headed up by Aspex Management, while Gojek is aiming...

READ MORE >
Indonesian FinTech Gojek Seeks To Become Global Player
Indonesian FinTech Gojek Seeks To Become Global Player
January 27, 2021  |  International

Indonesia’s Gojek is seeking to expand its ridesharing and digital payments business throughout Southeast Asia and beyond. Get the Full Story Complete the form to...

READ MORE >
Post-Purchase, Uber Lays Off 185 Former Postmates Workers
Post-Purchase, Uber Lays Off 185 Former Postmates Workers
January 24, 2021  |  Personnel

Uber laid off around 185 people from the Postmates division as of Thursday (Jan. 21), as the ridesharing company continues trying to weather the pandemic,...

READ MORE >
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
January 20, 2021  |  Ridesharing

Miami-based micromobility startup Bolt, co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings,...

READ MORE >
California Uber, Lyft Drivers File Lawsuit Over Prop 22
California Uber, Lyft Drivers File Lawsuit Over Prop 22
January 13, 2021  |  Gig Economy

Gig workers in California who drive for Uber, Lyft and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court seeking...

READ MORE >