Trust keeps the sharing economy afloat. It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. It’s also what keeps buyers feeling assured that suppliers will not take their hard-earned cash without delivering the services they promise....
Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters, UberX, Uber Pool and Express Pool, according to reports. Get the Full Story Complete the...
The sharing of bicycles and scooters is a model that has over the last year or two has moved further into the mainstream of consumer life. That’s thanks in large part to mobile technology and the interest of other parts of the transportation ecosystem, including...
Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
August 09, 2017
Talking to Karen Webster earlier this summer, Mobike’s Head of International Expansion, Florian Bohnert, said that bikes are a winning strategy for consumers nearly worldwide — and dockless is the wave of the future.
July 17, 2017
Bike-sharing has become big business worldwide in a relatively short span of time. Virtually unheard of even a few years ago, these days there are over 1,000 bike-share operations in...
April 20, 2022
Ride-sharing app Lyft announced Tuesday (April 19) that it has agreed to buy PBSC Urban Solutions, a supplier of bicycle sharing equipment and technology to customers around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]
March 26, 2019
Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters,...
March 08, 2019
Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Get...
December 13, 2018
A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure,...
