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

Cabify Seeks Funding Ahead Of IPO
Cabify Seeks Funding Ahead Of IPO
April 30, 2019  |  Investments

Cabify is looking to raise between 100 million ($112 million) and 300 million euros as it prepares for an initial public offering (IPO). Citing anonymous sources,...

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SoftBank Sees A Boost In Cash Flow
SoftBank Sees A Boost In Cash Flow
April 29, 2019  |  Investments

SoftBank is finally seeing a boost in its cash flow after spending billions on investing in other companies. Founder and CEO Masayoshi Son launched the...

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Uber’s First Investors Could Make About $1.3B From IPO
Uber’s First Investors Could Make About $1.3B From IPO
April 26, 2019  |  Investments

The earliest investors in ride-hailing company Uber are looking to sell about $1.3 billion in shares during the company’s initial public offering (IPO) next month,...

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Lyft Discounts Trips To Grocery Stores
Lyft Discounts Trips To Grocery Stores
April 25, 2019  |  Ridesharing

Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations....

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Lyft’s Grocery Access Program Expands In US, Canada
Lyft’s Grocery Access Program Expands In US, Canada
April 25, 2019  |  Ridesharing

Lyft announced that its Grocery Access Program is expanding into other cities in both the United States and Canada. Research has shown that there is...

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Zoom Tops 2019 IPOs With $17.7B Valuation
Zoom Tops 2019 IPOs With $17.7B Valuation
April 24, 2019  |  IPO

Zoom has surpassed Lyft as the most valuable of all the tech companies to go public this year. The milestone comes after just three days...

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Expensify Integrates With Grab
Expensify Integrates With Grab
April 23, 2019  |  B2B Payments

Corporate travel and expense management software provider Expensify is expanding its reach in Southeast Asia through a new collaboration with the region’s leading ridesharing company,...

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Post-IPO: Uber And Lyft Rides To Get More Expensive
Post-IPO: Uber And Lyft Rides To Get More Expensive
April 22, 2019  |  Ridesharing

Uber and Lyft’s initial public offerings could result in customers paying more for their rides. That’s according to the Wall Street Journal, which reported that...

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Grab’s Superapp Ecosystem and Why It Works
Grab’s Superapp Ecosystem and Why It Works
April 19, 2019  |  Ecosystems

Ankur Mehrotra, managing director and head of financial services for Grab, still gets emotional when talking about the drivers and their dreams of owning cars....

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