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 CEO Says Firm Leads In Race To Ridesharing Profitability

Uber CEO Says Firm Leads In Race To Ridesharing Profitability
Uber CEO Says Firm Leads In Race To Ridesharing Profitability
January 22, 2020  |  Ridesharing

Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to...

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How kimkim Uses Faster Payments To Win Gig Worker Loyalty
How kimkim Uses Faster Payments To Win Gig Worker Loyalty
January 22, 2020  |  Gig Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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New Uber Pilot Signals Business Model Shift In CA
New Uber Pilot Signals Business Model Shift In CA
January 21, 2020  |  Ridesharing

With the newest of many initiatives to reportedly provide drivers with greater independence as a reaction to the state’s new gig economy law, Uber Technologies Inc. is...

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Uber Sells India Uber Eats To Zomato For Cash, Stake In Business
Uber Sells India Uber Eats To Zomato For Cash, Stake In Business
January 21, 2020  |  Delivery

Uber is selling its money-losing food delivery service in India to rival Zomato for a 9.99 percent business stake, according to reports on Tuesday (Jan....

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Estonia’s Bolt Closes $55M Deal To Compete With Uber
Estonia’s Bolt Closes $55M Deal To Compete With Uber
January 16, 2020  |  Ridesharing

Uber rival Bolt has closed a €50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve...

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$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
January 16, 2020  |  Ridesharing

A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported...

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Russia’s Yandex To Expand Into European Car-Sharing Market
Russia’s Yandex To Expand Into European Car-Sharing Market
January 13, 2020  |  Ridesharing

Yandex, a Russian technology giant and car-sharing company, plans to expand its car-sharing offerings into Europe as other companies in the space retreat, according to...

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LA Looks To Boost Taxi Industry With Rideshare-esque Revamp
LA Looks To Boost Taxi Industry With Rideshare-esque Revamp
January 13, 2020  |  Ridesharing

As Uber, Lyft and other ridesharing companies continue to prosper, California is seeing a reckoning with the question of their need for regular taxis. Get...

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