How Ridesharing Improves The Drive For Parts And Repair Shops
The ridesharing economy not only rewards gig workers and the companies that match them with riders. Auto repair shops and parts stores can also find ways to raise their profile and profit from the...
View ArticleRideshare Companies Offer $100M Relief Fund For NYC Taxi Drivers
Documents show that Lyft, Uber and Via have offered to help New York City’s taxi medallion owners through a $100 million relief fund paid over five years. The proposal, as detailed in documents...
View ArticleGrab Notches $200M Investment From Booking Holdings
Southeast Asia’s Grab has taken in a $200 million investment from U.S.-based Booking Holdings amid a strategic partnership. With the tie-up, users of Booking Holdings’ apps will be able to call for...
View ArticleDidi Checks Into Hotel Booking Industry
China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. The news comes as the company tries to recover from two highly publicized murders of female passengers by...
View ArticleUber Rolls Out New Four-Tier Loyalty Program
Uber, the ride-hailing company, announced on Wednesday (Nov. 14) Uber Rewards, a new loyalty program that lets customers earn every time they use Uber or Uber Eats. In a company blog post, Uber said...
View ArticleBMW Wins Ride-Hailing License In China
BMW reportedly has achieved a ride-hailing first. The luxury automotive brand has obtained a license to launch a ride-haling service in China, with the service’s debut set for December, according to a...
View ArticleGO-JEK Seeks To Raise $2B In Funding
As Southeast Asia’s GO-JEK seeks to raise up to $2 billion of funding while it takes on Grab, the company has reportedly closed a portion of the round. Tencent, Google and JD.com, among some of the...
View ArticleReinventing On-Demand Wheels In The Rideshare Era
To stand out from the ubiquitous ridesharing giants of the world, on-demand startups are putting a new spin on transportation services with premium membership-based offerings. Alto, for instance,...
View ArticleLyft Shares Jump 20 Pct With IPO Debut
Lyft shares had a strong debut on Friday (March 29), trading at $87.24, which is 20 percent higher than its IPO price of $72, according to CNBC. Lyft said it sold 32.5 million shares on Thursday at the...
View ArticleGrab Backs UK Startup Splyt Technologies
In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the...
View ArticleGrab Readies for Dec. 2 Nasdaq Opening
Delivery giant and superapp Grab is getting ready to make its Nasdaq debut under the ticker GRAB on Thursday (Dec. 2) during a livestreamed bell-ringing ceremony in Singapore. The most valuable startup...
View ArticleUber Unveils Driver Perks, Debit Card
Uber has introduced a pair of features it said are designed to provide more flexibility and opportunities for the company’s drivers. According to a Friday (July 29) news release, the new features are...
View ArticleUber Driver Holds Its Lead In the Provider Ranking of Gig Apps
With PYMNTS research finding that more Americans are adding side hustles to ease paycheck-to-paycheck living pressures, our Provider Ranking of Gig Apps is the ideal place to see this class of apps at...
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