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

Ola Prepares To Compete With Uber In London
Ola Prepares To Compete With Uber In London
July 05, 2019  |  Ridesharing

In a move that would take on Uber in one of its largest markets outside of the Americas, Ola is gearing up to go up...

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Ola Electric Reaches $1B Valuation With SoftBank Investment
Ola Electric Reaches $1B Valuation With SoftBank Investment
July 02, 2019  |  Investments

Ola Electric, part of India’s largest ride-hailing company, has raised $250 million from SoftBank in a Series B financing round, according to a report. The...

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Careem Concludes Operations In Sudan
Careem Concludes Operations In Sudan
July 01, 2019  |  Retail

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by...

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Waymo Brings Self-Driving Vehicles To Lyft Passengers
Waymo Brings Self-Driving Vehicles To Lyft Passengers
June 27, 2019  |  Retail

To make autonomous vehicles available to ridesharing passengers, Alphabet subsidiary Waymo is teaming up with ride-hailing firm Lyft. The trips are limited to a certain...

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Gig Worker Insurance Startup Zego Raises $42M
Gig Worker Insurance Startup Zego Raises $42M
June 18, 2019  |  Investments

Zego, a London-based startup that provides insurance for gig workers, has raised $42 million in a Series B funding round, according to reports. The round...

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Uber Presses The Gas On Autonomous Vehicles Via Volvo
Uber Presses The Gas On Autonomous Vehicles Via Volvo
June 13, 2019  |  Innovation

Drivers of cars and trucks are not a diminishing breed – in fact, there is an ongoing U.S. shortage of drivers to haul freight long...

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For Uber’s Competition, London Calling
For Uber’s Competition, London Calling
June 12, 2019  |  Ridesharing

London calling. Much has been made in recent weeks about the rise of ride-hailing, and about the fact that red ink dominates the major players’...

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Uber CEO Blames Trade War For IPO Struggles
Uber CEO Blames Trade War For IPO Struggles
June 12, 2019  |  IPO

Uber CEO Dara Khosrowshahi has blamed his company’s lackluster initial public offering (IPO) on U.S. trade tensions. The ridesharing giant’s IPO was expected to be...

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Uber Plans Expansion Into Financial Services
Uber Plans Expansion Into Financial Services
June 10, 2019  |  Payments Innovation

Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. The company has reportedly been hiring numerous product...

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