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

Grab Launches $275 Million Fund To Help Community Partners
Grab Launches $275 Million Fund To Help Community Partners
April 08, 2021  |  International

Singapore technology platform Grab is rolling out the GrabForGood Fund to assist its Southeast Asian drivers, merchants, and delivery partners in elevating the overall quality...

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Driver Shortage Has Uber, Lyft Scrambling To Meet Post-COVID Demand
Driver Shortage Has Uber, Lyft Scrambling To Meet Post-COVID Demand
April 07, 2021  |  Gig Economy

The diminished need for rideshares during the COVID-19 pandemic caused many people to abandon gig platforms as a source of income, causing a driver shortage...

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Lime To Offer ‘App-Less’ Scooter Rentals Using QR Codes
Lime To Offer ‘App-Less’ Scooter Rentals Using QR Codes
March 24, 2021  |  Ridesharing

Lime has launched a feature that allows customers to use their service without ever opening or downloading their app, the electronic scooter and bike rental...

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Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
March 19, 2021  |  News

Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...

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Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
March 16, 2021  |  Investments

Silicon Valley scooter and vehicle sharing platform Bird is launching an expansion across Europe and is earmarking $150 million to make it happen, according to...

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Lyft Revises Forecast; Sees Increase In Ridesharing
Lyft Revises Forecast; Sees Increase In Ridesharing
March 03, 2021  |  Earnings

Lyft reported a sooner-than-expected recovery with one of its best weeks since the pandemic started, according to CNBC. Ridesharing has been increasing as of late,...

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Blacklane To Take On Uber, Lyft In Short-Range Trips
Blacklane To Take On Uber, Lyft In Short-Range Trips
February 28, 2021  |  Ridesharing

Berlin-based chauffeur service Blacklane is directly challenging Uber and Lyft in the short-distance passenger trip business, beginning Monday (March 1) in New York City, The...

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Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service To Europe
Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service...
February 25, 2021  |  International

In today’s top payments news around the world, RecargaPay has notched $70 million in a Series C funding round to expand its payments platform, while...

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Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
February 24, 2021  |  Ridesharing

Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” The move could boost...

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