Source: en.wikipedia.org
InDrive, a global mobility and urban services platform, introduced a new financial services product called inDrive Money. The offering provides cash loans to drivers operating...
Grab Holdings, the Southeast Asian ride-hailing and delivery specialist, reportedly aims to achieve full-year profitability by focusing on organic growth and investing in artificial intelligence...
Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery...
The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility...
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both...
Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. For full-year 2023, the rideshare platform...
Uber Technologies’ most recent fourth-quarter results, released Wednesday (Feb. 7), show increased cross-selling among members taking advantage of mobility and delivery, and increased use of...
Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key...
Uber says a proposed Biden administration rule change for gig workers will not affect its operations. The Department of Labor’s proposal makes it tougher for companies to...