Kapten, a ride-hailing startup that’s backed by Daimler and BMW, has started operating in London and has put up ads targeted at Uber about how it avoids taxes in the U.K., according to a report by TechCrunch. Get the Full Story Complete the form to...
Indian ride-hailing company Ola is getting into the credit card business, teaming up with SBI Bank in India and Visa to launch a credit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and retaining more drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of 2020, according to a report by CNBC. He does, however, agree that the future is going to be in electric...
Uber announced that it is partnering with leading technology-driven mobility platform Yulu to provide users with the option to ride eBikes and bicycles in Bengaluru, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low after the company posted a big Q1 loss, according to a report by Reuters. Get the Full Story Complete the...
Alphabet‘s self-driving subsidiary Waymo revealed more about its ongoing partnership with Lyft, announcing plans to launch 10 of its driverless vehicles on Lyft’s ride-hailing platform in the Metro Phoenix area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lyft shares fell as much as 4.2 percent on Monday (May 6) after reports came of a drivers’ strike, planned for this week. The planned rideshare strike is set to take place in New York City on Wednesday (May 8), and similar action could reportedly take place in other...
Shortly ahead of Uber’s initial public offering, drivers of the company in New York plan on going on strike. 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...
