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’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...

READ MORE >
Getaround Acquires HyreCar to Strengthen Carsharing Business
Getaround Acquires HyreCar to Strengthen Carsharing Business
May 15, 2023  |  Acquisitions

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...

READ MORE >
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”...

READ MORE >
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...

READ MORE >
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”...

READ MORE >
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...

READ MORE >
Uber’s Platform Model Success Inspires Imitators in Ghost Kitchen Space
Uber’s Platform Model Success Inspires Imitators in Ghost Kitchen Space
April 11, 2023  |  Restaurant innovation

Following in Uber’s footsteps, Helbiz is leveraging its mobility platform’s audience to drive restaurant sales. Micromobility.com, the lightweight vehicle rental firm and retailer, announced Tuesday...

READ MORE >
e& Invests $400 Million in Uber’s Careem Super App Spinout
e& Invests $400 Million in Uber’s Careem Super App Spinout
April 10, 2023  |  Investments

Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm’s investment of $400 million — the completion of which is subject...

READ MORE >
Nearly Half of US Consumers Use Digital for Travel, Healthcare and Smart Home Tech Activities
Nearly Half of US Consumers Use Digital for Travel, Healthcare and Smart Home Tech Activities
April 04, 2023  |  Connected Economy

The connected economy expands with each new activity consumers perform via digital means, and those are increasing, as the average consumer now engages in 28...

READ MORE >