Ridesharing

Ridesharing
LA Could Require Rideshares To Use Electric Vehicles
December 27, 2019

As Los Angeles aims to get additional electric vehicles on the roads and reduce emissions, the city is thinking about making rideshare platforms like Lyft and Uber use electric vehicles. The electric-vehicle mandate was one step under consideration to reduce greenhouse gas emissions of the...

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Colombia Blocks Uber From Using Its Ride-Hailing App
December 22, 2019

Uber was ordered last Friday by a Colombian judge to stop securing business in their country via its popular ride-hailing app, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Uber, Lyft Push Back Against California Gig Worker Law
December 20, 2019

Uber and Lyft are organizing and pushing back against a California law that takes effect on Jan. 1 and would force them to classify their drivers as employees rather than independent contractors, a move that would compel the companies to provide things like a minimum...

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Germany Ousts Uber Over License Issue
December 19, 2019

A German court on Thursday (Dec. 19) banished Uber from running its ride-hailing service in Germany because the company doesn’t have the right licensing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Uber Says European Bike, Scooter Adoption Has Surpassed US
December 16, 2019

Uber is planning to ring in 2020 with increased investment in electric bikes and scooters, with an emphasis on Europe, CNBC reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Lyft Debuts Car Rentals Starting At $35 Per Day
December 12, 2019

Lyft is rolling out a car rental offering starting in Los Angeles and San Francisco that will work similarly to that of traditional car rental companies, The Verge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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New Uber Service Caters To Skiers, Snowboarders
December 11, 2019

Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. 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 to...

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Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable
December 10, 2019

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg.  Get the Full Story Complete the form...

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Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
December 03, 2019

The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in which it operates, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...