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

Ride-Hailing Firm Grab Reportedly Cuts More Than 300 Jobs 
Ride-Hailing Firm Grab Reportedly Cuts More Than 300 Jobs 
June 16, 2020  |  Ridesharing

Grab, the $14 billion Southeast Asian ride-hailing startup, announced hundreds of job losses on Tuesday (June 16) as the impact of COVID-19 continues to take...

READ MORE >
California Tells Uber And Lyft Their Drivers Are Employees
California Tells Uber And Lyft Their Drivers Are Employees
June 11, 2020  |  Ridesharing

The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest...

READ MORE >
Yandex May Buy Out Joint Venture With Uber
Yandex May Buy Out Joint Venture With Uber
June 11, 2020  |  Ridesharing

Russian-based Yandex may drop plans for having an initial public offering (IPO) of stock for its ride-hailing business, which it owns with Uber Technologies, Inc.....

READ MORE >
New Report: Payments, Transparency Build Trust In The Gig Economy
New Report: Payments, Transparency Build Trust In The Gig Economy
June 10, 2020  |  Gig Economy

The pandemic affected the freelance market in varying ways, with many workers facing increased economic uncertainty and drawing upon their savings as work opportunities became...

READ MORE >
Chinese Ride-Hailing Giant Didi Chuxing Sees Rebound
Chinese Ride-Hailing Giant Didi Chuxing Sees Rebound
June 08, 2020  |  Ridesharing

China’s largest ride-hailing company is back after taking a big hit from the coronavirus pandemic, with business returning to pre-pandemic levels. Ridesharing orders on Didi...

READ MORE >
Uber Rides Increase As Quarantines End
Uber Rides Increase As Quarantines End
June 04, 2020  |  Ridesharing

Uber rides are increasing again after massively falling off due to the coronavirus during March and April, Reuters reports. The ride-sharing firm reported that trip...

READ MORE >
Lyft Rides Up In May From April But Still Down 70 Pct YOY
Lyft Rides Up In May From April But Still Down 70 Pct YOY
June 03, 2020  |  Ridesharing

While Lyft’s ride counts are rising from the worst parts of the pandemic, they’re still down 70 percent from a year ago, CNBC reported. Lyft’s...

READ MORE >
Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
June 01, 2020  |  Ridesharing

The CEO of Careem, Uber’s Dubai ridesharing subsidiary, said he doesn’t expect a full recovery until next year, but predicted accelerated expansion for the company’s...

READ MORE >