Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

As Delivery Demand Falls, Grab Looks to Cut Costs
As Delivery Demand Falls, Grab Looks to Cut Costs
September 07, 2022  |  Delivery

The chief financial officer of Singapore-based super app Grab has begun seeking ways to trim spending as the company works to break even. As The...

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

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). According to...

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

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...

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

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...

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

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,...

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Rising Inflation Curbs Enthusiasm for Ride-Hailing, Micro-Mobility
Rising Inflation Curbs Enthusiasm for Ride-Hailing, Micro-Mobility
August 11, 2022  |  Transportation

The paycheck-to-paycheck pain has us all reining in spending — and disconnecting a bit. Literally. And staying off the roads. And the electric scooters. We’re...

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

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...

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

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...

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

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...

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