Ridesharing

Ridesharing
Lyft Shuts Car Rental Unit, Cuts About 60 Jobs
July 20, 2022

Lyft has laid off about 60 people and announced it was ending its program that let people rent its cars on its app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Ridesharing
Chinese Regulators Hit Didi’s Payments Arm with Major Fine
July 15, 2022

The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People’s Bank of China, Reuters reported, citing a notice from the central bank. Get the Full Story Complete the form...

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Uber Files Leak May Push Forward EU Gig Worker Legislation  
July 11, 2022

Uber’s past ghosts are still chasing the company, and the recent revelations exposing how top politicians secretly helped Uber to grow may have consequences beyond reputational damage.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Ridesharing
Uber Brings Ride-Hailing Platform to Israel
July 05, 2022

Uber Technologies is continuing its global expansion with a launch in Israel that is facilitated by joining its ride-hailing platform with a nationwide taxi network, according to a Reuters report Tuesday (July 5). Get the Full Story Complete the form to unlock this article and...

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Lyft, Hertz Team on New Summer Travel Offerings
June 27, 2022

Lyft and Hertz are partnering and launching new offerings intended to make summer air travel easier, according to a Monday (June 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Lyft Adds Cash Payment Option
June 22, 2022

For those who prefer or need to pay using cash, rideshare platform Lyft is partnering with more than 35,000 retailers across the U.S. — including Walmart, ACE Cash Express and Kroger Family of Stores — to enable people to use paper money to add to...

Ridesharing
Didi Moves Closer to NYSE Delisting
May 23, 2022

Shareholders in Chinese ride-hailing app Didi Global have voted to delist the company from the New York Stock Exchange (NYSE), the company announced in a Monday (May 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Uber Unveils Autonomous Deliveries, Charter Bus Reservations, Other New Features
May 16, 2022

Uber on Monday (May 16) announced several new innovations it will roll out to enhance its ride-hailing core business, including autonomous deliveries and charter bus reservations, according to a blog post by CEO Dara Khosrowshahi. Get the Full Story Complete the form to unlock this...

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Lyft CEO Sees ‘Third Chapter’ as All About the Network
May 03, 2022

Turning 10 years old this month, Lyft is back in recovery mode as pandemic restrictions come off coast-to-coast, slowly bringing back popular products like shared rides and maintaining a singular focus on transportation through recent investments in urban mobility. Get the Full Story Complete the...