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)

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...

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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...

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Lyft’s CEO Shakeup Hints at Need to Think More Like Uber
Lyft’s CEO Shakeup Hints at Need to Think More Like Uber
March 28, 2023  |  Ridesharing

Lyft could use a lift. At this writing, the company’s shares are trading at a bit over $9.60, well off recent peaks of more than...

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Court Rules Uber and Lyft Drivers Are Contractors
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023  |  Ridesharing

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar. 13), California’s 1st District...

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Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
March 08, 2023  |  Partnerships

Lyft users can now earn Bilt Rewards points on every rideshare, bike and scooter booking. The two companies have teamed up to enable the users...

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Uber Offers Drivers a Chance to Earn Through ‘Shop and Pay’
Uber Offers Drivers a Chance to Earn Through ‘Shop and Pay’
March 07, 2023  |  Delivery

Uber Eats is giving its delivery drivers a chance to moonlight as personal shoppers. The ride-hailing/delivery giant has launched “Shop and Pay,” which gives delivery...

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Grab Sees Super App Synergies as Deliveries and Payments Services Grow
Grab Sees Super App Synergies as Deliveries and Payments Services Grow
February 23, 2023  |  Earnings

For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now...

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Uber Expands Aid Efforts for Ukraine
Uber Expands Aid Efforts for Ukraine
February 22, 2023  |  International

Uber is upping its aid to Ukraine as the country’s war with Russia enters its second year. The ride hailing/delivery company announced Wednesday (Feb. 22)...

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Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
February 10, 2023  |  Ridesharing

The Uber versus Lyft battle illuminates a stark reality as the pandemic recedes: The broader the platform — the more opportunity for users (and drivers)...

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