Uber Technologies’ efforts to complete an investment by SoftBank Group that would inject billions of dollars into the ride-hailing company is at risk, thanks to former CEO Travis Kalanick. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ridesharing company Uber announced news of the launch of its Uber Visa Card, which is a credit card with no annual fee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Uber is hitting passengers with some new fees, created to entice drivers who don’t want to wait for slow passengers, drive longer distances for out-of-the-way pickups or deal with last-minute trip cancellations. Get the Full Story Complete the form to unlock this article and enjoy...
Ride-hailing platform Lyft, a competitor to Uber, announced Thursday (Oct. 19) that CapitalG, Alphabet’s growth investment fund, was the lead investor in a $1 billion round of financing. In a company blog post announcing the funding, Lyft said its valuation will be $11 billion following the investment. Get the Full...
UberEATS, the food delivery branch of the ridesharing company lately embroiled in a series of scandals culminating in the ouster of its CEO, is on track to post more than $3 billion in gross sales by the year’s end, The Financial Times reports. Get the Full...
Uber, the embattled ride-hailing company, is reportedly facing five or more criminal investigations by the U.S. Department of Justice (DOJ), two of which have been already reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In Uber news, the ride-hailing service’s U.K. head has stepped down just as the company is gearing up to meet with London’s transport regulator and have its license in the city renewed. Get the Full Story Complete the form to unlock this article and enjoy...
In recent ridesharing news, German carmaker Daimler, owner of Mercedes-Benz and other brands, has recently announced its acquisition of Germany-based ridesharing company Flinc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In Uber news released Thursday (Sept. 28), the ridesharing company will no longer provide a free version of its Uber for Business app for business customers. This will result in corporations paying more for the company’s ride hailing services. Get the Full Story Complete the...
