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
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. Get 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). Get the...

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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. Get the Full Story Complete the form to unlock this article...

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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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