Ride-hailing/food-delivery company Grab is reportedly in discussions to acquire Singapore-based buy-now-pay-later provider Atome Financial. That deal could value Atome at more than $2 billion, Bloomberg News reported Thursday (Sept. 10), citing sources familiar with the talks. As Bloomberg notes, Grab has been working to fuel...
Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way we work,” Peter Oey, chief financial officer of the ride-hailing and delivery platform, told CNBC in...
Forty million trips a day. Fifteen thousand cities. More than 70 countries. Uber doesn’t run a ride-hailing app so much as a living logistics network, one where every market operates on its own traffic rhythms, regulations, languages and pricing dynamics. Now Uber is putting artificial...
The rivalry between Uber Technologies and Lyft has traditionally revolved around the same core questions: Who could grow faster, subsidize rides longer and survive the brutal economics of ridesharing? The competitive frame has shifted. The market is now mature, profitability matters, and the next frontier...
September 22, 2025
Most consumers in the United States aren’t saying no to pay by bank. They’re saying, “What’s that?” The simple knowledge gap, more than cost or convenience, may be the reason open banking payments have yet to catch on in the U.S. The PYMNTS Intelligence report “What Consumers Need for Pay by Bank to Catch On,” […]
June 10, 2025
Many innovations have a crucial graduation date: when they move from speculative R&D to real-world deployment and utility. One of the more significant transitions underway is the rise of “autonomy...
February 12, 2025
While their millennial peers may have been the first to embrace subscription services and gig economy jobs, zillennials (born between 1991-1999) are redefining ownership altogether. Unlike older generations, the idea...
October 28, 2024
Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for Pay by Bank to Catch...
October 15, 2026
Lyft is hoping to capture opportunities in the corporate travel space with its new Alcove chauffeur network. The new offering, announced Thursday (Oct. 15), will see Lyft continue to serve customers of TBR Global Chauffeuring — a Scottish company it acquired last year — while also serving new corporate travel programs, bookers and passengers worldwide. David Risher, Lyft’s CEO, told The Wall […]
September 10, 2026
Ride-hailing/food-delivery company Grab is reportedly in discussions to acquire Singapore-based buy-now-pay-later provider Atome Financial. That deal could value Atome at more than $2 billion, Bloomberg News reported Thursday (Sept. 10),...
August 04, 2026
Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way...
April 29, 2026
Lyft has announced an expansion of its partnership with United Airlines. The new collaboration marks the first time an airline and rideshare company have teamed to let passengers earn and redeem airline...
