Uber has confirmed it is shutting down its U.S. auto-leasing business known as Xchange Leasing, which will affect about 500 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Lyft announced this week that Ford has become the ride-sharing company’s latest autonomous car partner. 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 our daily newsletter,...
Uber, the ridesharing startup, announced news on Tuesday (Sept. 26) that it will no longer operate in Quebec in October. The decision comes as a result of stricter transportation regulations in the Canadian province. Get the Full Story Complete the form to unlock this article...
Following increased regulation and a removal of its license to operate, Uber’s newest CEO, Dara Khosrowshahi, apologized to London consumers and vowed to make changes so that it can renew its ridesharing services in the city. Get the Full Story Complete the form to unlock...
Lyft, the Uber rival, is eyeing the London market, holding talks with Transport for London (TfL) and City Hall officials over the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber, the U.S.-based ride hailing company, is willing to give concessions to be able to conduct business in London after its service was banned in the city. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some new troubles for Uber heading into the weekend: London has stripped the ridesharing company of its license to operate in the city from the end of September on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It seems Alphabet may be about to make a billion-dollar investment into ridesharing service Lyft — though whether it’s Google or some other part of Alphabet contemplating the buy-in remains a bit of an unknown, given Alphabet’s size and number of investment arms. Get the...
SoftBank has gotten one step closer to acquiring a considerable stake in Uber, as the ride-hailing company will soon formally offer some of its shares to investors in exchange for billions of dollars from SoftBank. Get the Full Story Complete the form to unlock this...