ride-hailing

Uber Sues City Of New York To Get Driver Cap Lifted
Uber Sues City Of New York To Get Driver Cap Lifted
February 18, 2019  |  Ridesharing

Uber, the ride-hailing startup, filed a lawsuit against the city of New York last week seeking to overturn a rule that puts a cap on...

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Lyft Vies With Uber For IPO, Uses Growth To Draw Investors
Lyft Vies With Uber For IPO, Uses Growth To Draw Investors
February 15, 2019  |  IPO

Ride-hailing app Lyft, an Uber competitor in the U.S. and Canada, is attempting to become the first publicly listed ride-hailing company, according to a report...

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Go-Jek Valuation Now Near $10B After Fresh Round Of Fundraising
Go-Jek Valuation Now Near $10B After Fresh Round Of Fundraising
February 01, 2019  |  Ridesharing

Go-Jek, the Southeast Asia ride-hailing company, raised a little more than $1 billion in a recent round of fundraising. Bloomberg, citing a person with knowledge of...

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Central Group Invests $200M In Local Grab Unit
Central Group Invests $200M In Local Grab Unit
January 31, 2019  |  Investments

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According...

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Mobileye Plans To Have A Fully Autonomous Car In Four Years
Mobileye Plans To Have A Fully Autonomous Car In Four Years
January 11, 2019  |  Innovation

During a presentation at CES in Las Vegas, Mobileye, an autonomous car development company acquired by Intel for $15.3 billion in March of 2017, announced...

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HERE Releases New Social Transport App, SoMo
HERE Releases New Social Transport App, SoMo
January 07, 2019  |  Ridesharing

HERE Technologies, a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to...

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Didi Chuxing Offers Financial Services
Didi Chuxing Offers Financial Services
January 02, 2019  |  International

Didi Chuxing, China’s largest ride-hailing company, has debuted a slew of financial products for workers, according to reports. The company will offer crowdfunding and lending...

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Court Tells Grab To Pay Vietnam Taxi Operator For Lost Business
Court Tells Grab To Pay Vietnam Taxi Operator For Lost Business
December 28, 2018  |  Ridesharing

Grab, the leading ride-hailing company in Southeast Asia, was ordered by a court in Vietnam to pay $206,985 — or 4.8 billion dong — in...

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BMW Launches Ride-Hailing Service In China
BMW Launches Ride-Hailing Service In China
December 17, 2018  |  Ridesharing

BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to...

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