Ridesharing

Ridesharing
Rivals WeRide, Pony Back Ride Hailing Firm OnTime
April 27, 2022

Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. 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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Delisting News Leads DiDi to Drop 23%
April 18, 2022

Shares of Chinese ride-hailing firm DiDi fell Monday (April 18) after the company said it would hold a meeting next month to vote on delisting its shares from the New York Stock Exchange. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Lyft Teams With Spin to Offer Scooter Transportation
March 24, 2022

Lyft and Spin are teaming up to offer scooter transportation in 60 U.S. markets with an initial rollout in Nashville, Tennessee, followed by 13 additional cities in April, according to a press release on Thursday (March 24). Get the Full Story Complete the form to...

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Uber Users Can Book Taxi Rides Through Curb Partnership
March 24, 2022

Ride-hailing app Curb, which offers licensed taxi and for-hire rides across North America, has partnered with Uber to allow Curb-connected drivers to receive trip requests from Uber users, according to a Thursday (March 24) joint press release. Get the Full Story Complete the form to...

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High Gas Prices Prompt Uber to Enact a Surcharge for 60 Days
March 13, 2022

With gas prices rising to new heights in the U.S. and other parts of the world, Uber is debuting a “temporary fuel surcharge” to help offset the costs, the company announced in a blog post Friday (March 11). Get the Full Story Complete the form...

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Today’s Business Travel Includes Occasional Trips to the Workplace 
March 10, 2022

Business travel is returning, and in some ways it’s looking different than it did before the pandemic. For one thing, more of this travel is taking people to and from the workplace.  Get the Full Story Complete the form to unlock this article and enjoy...

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RBI Urges Caution Over Indian Carpool App sRide
February 22, 2022

India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. 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...

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Uber, Lyft Earnings Show Divergent Platform Strategies 
February 10, 2022

Earnings season is prime time to take stock — literally, because stocks react quickly to earnings — of corporate strategies, of the varying approaches companies take as they seek to grow their customer bases and, of course, their top lines. Get the Full Story Complete...

Ridesharing
Consumer Ridesharing Spending Expected to Reach $937B by 2026
December 14, 2021

Consumer ridesharing spending around the world is expected to be over $937 billion by 2026, according to a Juniper Research press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...