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

Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
February 10, 2021  |  Earnings

While its rival Uber continues to diversify, Lyft is playing it safe as the pandemic continues to hobble travel and mobility. The company announced its...

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Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir Arrives In London
Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir...
February 01, 2021  |  News

In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it...

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Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021  |  ANTITRUST

Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan....

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China’s Didi Chuxing Lands $300 Million For Driverless Cars
China’s Didi Chuxing Lands $300 Million For Driverless Cars
January 28, 2021  |  Investments

Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, adding to the $500 million the company raised in May, according...

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Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To Become International Player
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To...
January 27, 2021  |  International

In today’s top payments news around the world, Klook has closed a Series E funding round headed up by Aspex Management, while Gojek is aiming...

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Indonesian FinTech Gojek Seeks To Become Global Player
Indonesian FinTech Gojek Seeks To Become Global Player
January 27, 2021  |  International

Indonesia’s Gojek is seeking to expand its ridesharing and digital payments business throughout Southeast Asia and beyond. “One of our primary focuses for 2021 is...

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Post-Purchase, Uber Lays Off 185 Former Postmates Workers
Post-Purchase, Uber Lays Off 185 Former Postmates Workers
January 24, 2021  |  Personnel

Uber laid off around 185 people from the Postmates division as of Thursday (Jan. 21), as the ridesharing company continues trying to weather the pandemic,...

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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up
January 20, 2021  |  Ridesharing

Miami-based micromobility startup Bolt, co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings,...

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California Uber, Lyft Drivers File Lawsuit Over Prop 22
California Uber, Lyft Drivers File Lawsuit Over Prop 22
January 13, 2021  |  Gig Economy

Gig workers in California who drive for Uber, Lyft and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court seeking...

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