Ridesharing

Ridesharing
Mobility Weekly: Madrid Regulates, London Electrifies
September 08, 2022

Following government calls for Spain’s regional authorities to draw up regulations for the ride-hailing sector, the Junta de Andalucía is expected to soon announce details of how it will regulate the likes of Uber, Cabify and Bolt which operate on the Costa del Sol. Get...

Ridesharing
Uber Expands Services in Sub-Saharan Africa
September 06, 2022

Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Vietnamese Ride-Hailing Startup Be Group Gets $60M Loan From Deutsche Bank
September 05, 2022

The Vietnamese startup Be Group, a rival of ride-hailer platform Grab, said it’s gotten a loan facility of $60 million, a Bloomberg report said Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Ride-Hailing Weekly: Uber Changes Course in Europe, Bolt Faces Uphill Battle in Africa
August 26, 2022

This week, Uber announced it will overhaul its business model in Brussels and launched Uber Rent in the United Kingdom. Meanwhile, both Uber and Bolt face continued strikes in South Africa and Bolt has been forced to curtail its services in Tanzania. Get the Full...

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Uber Boosts UK Fares to Attract London Drivers
August 15, 2022

Uber has plans to boost rates in the U.K., with a 5% increase in London fares as the company tries to draw in more drivers, a Bloomberg report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Ridesharing
Lyft Launches Advertising Unit With Suite of Products
August 08, 2022

Lyft is introducing a media and advertising unit with a suite of products designed to help brands reach the growing number of people using rideshare services again now that the pandemic is mostly in the rearview mirror. Get the Full Story Complete the form to...

Ridesharing
Lyft Shares Up on Rides Demand Surge
August 04, 2022

In Lyft’s Q2 results, the ride-share company saw profits rising as demand surged due to continued reopenings of the economy after the pandemic, a company release said.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Crime, Fuel Costs Stymie Ride-Hail Drivers’ Profits
August 03, 2022

Carjackings are on the rise in Chicago and that combined with the rise in fuel costs has ride-hailing drivers less enthusiastic about taking to the road. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Uber Unveils Driver Perks, Debit Card
July 29, 2022

Uber has introduced a pair of features it said are designed to provide more flexibility and opportunities for the company’s drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...