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

JPMorgan Chase Nixes Uber Rides To Work For Junior Staff

JPMorgan Chase Nixes Uber Rides To Work For Junior Staff
JPMorgan Chase Nixes Uber Rides To Work For Junior Staff
September 16, 2020  |  Ridesharing

JPMorgan Chase is ceasing the pandemic practice of letting employees Uber to work on the company dime, according to Bloomberg. The measure was put in...

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How Digital ID Verification Approaches Can Make Or Break Sharing Platform Trust
How Digital ID Verification Approaches Can Make Or Break Sharing Platform Trust
September 16, 2020  |  Authentication

More than 32 million U.S. consumers move every year, with many turning to shared spaces to store their belongings. Renters want assurances that they can...

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Today In Payments Around The World: Oracle Appointed TikTok US ‘Technology Provider’; Alibaba Mulls Investment In Grab
Today In Payments Around The World: Oracle Appointed TikTok US ‘Technology Provider’; Alibaba Mulls Investment...
September 14, 2020  |  News

In today’s top news in payments from around the world, Oracle Corp. has said that it was chosen to be ByteDance’s “trusted technology provider” that...

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Uber Looks To Refinance $500M At 7.5 Pct Interest Rate As Debt Load Surges
Uber Looks To Refinance $500M At 7.5 Pct Interest Rate As Debt Load Surges
September 14, 2020  |  Loans

Uber Technologies is taking advantage of rock-bottom pandemic interest rates to refinance some debt. The San Francisco-based ride-hailing service on Monday (Sept. 14) said it...

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Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab
Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab
September 14, 2020  |  Cross-border Payments

Alibaba Group, the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings, which is best known for its ride-hailing...

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Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Cybersecurity

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

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Gojek, Grab Renew Merger Talks With SoftBank’s Support
Gojek, Grab Renew Merger Talks With SoftBank’s Support
September 13, 2020  |  Ridesharing

Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported....

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Lyft Sees 7.3 Pct Bump In Ridership In August As Canadian Market Strengthens
Lyft Sees 7.3 Pct Bump In Ridership In August As Canadian Market Strengthens
September 08, 2020  |  Ridesharing

Lyft said it saw a 7.3 percent jump in ride operations in August from the month prior, according to Reuters. Operations in Canada seemed to...

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