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

Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
October 02, 2019  |  Partnerships / Acquisitions

Uber coughed up over $3 billion to get its hands on Dubai’s ride-hailing startup Careem, the Financial Times reported on Wednesday (Oct. 2). Founded in...

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Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
October 01, 2019  |  Ridesharing

Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed down...

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Uber Turns App Into ‘Everyday Operating System’
Uber Turns App Into ‘Everyday Operating System’
September 26, 2019  |  Mobile Applications

Uber’s apps are getting a makeover – and a bit of a merger. To that end, Uber said at an event on Thursday (Sept. 26)...

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CA Gig Workers Split On Impact Of New Classification Law
CA Gig Workers Split On Impact Of New Classification Law
September 23, 2019  |  Gig Economy

California Gov. Gavin Newsom signed into law a controversial bill that could reclassify ridesharing and other gig economy workers as employees instead of independent contractors,...

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How Dogs And Cats Are Pushing More Retail Innovation
How Dogs And Cats Are Pushing More Retail Innovation
September 20, 2019  |  Retail

Whether you are a dog or cat person – or prefer another animal – pets are big business, and they are helping to drive innovation in...

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A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges
A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges
September 18, 2019  |  Ridesharing

Optimism can be so fleeting and fragile, especially when it comes to revenue, growth and profit. That’s one lesson to consider today in reading coverage...

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Uber Dials Back Drivers’ Hours In NY
Uber Dials Back Drivers’ Hours In NY
September 16, 2019  |  Ridesharing

Uber will limit drivers’ access to the app during low-demand times starting Tuesday (Sept. 17), per new regulations in New York City, according to a...

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Uber To Finance Careem Acquisition With $750M Of Debt
Uber To Finance Careem Acquisition With $750M Of Debt
September 12, 2019  |  Ridesharing

Uber said Thursday (Sept. 12) that it will tap $750 million in debt financing to help fund its $3.1 billion buy of Careem, a ride...

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What’s Next For California’s Gig Economy After AB 5
What’s Next For California’s Gig Economy After AB 5
September 11, 2019  |  Regulation

About a year-and-a-half after a state Supreme Court decision that brought the issue to the forefront of legislators’ attention, the California Senate voted to approve Assembly Bill...

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