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

Lyft Taps Google Veteran As It Goes After Business Market
Lyft Taps Google Veteran As It Goes After Business Market
August 22, 2018  |  Personnel

Lyft, the ride-hailing startup competing against Uber, has hired Manish Gupta, a Google veteran, as vice president of engineering. According to a report citing Lyft, Gupta...

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SoftBank Invests In Rental Car Co
SoftBank Invests In Rental Car Co
August 22, 2018  |  Investments

Carsharing platform Getaround has announced that it raised $300 million in a Series D funding round led by SoftBank. Toyota Motor Corporation and inside investors also...

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YayYo Gears Up For U.S. IPO
YayYo Gears Up For U.S. IPO
August 20, 2018  |  Investments

YayYo, the online ridesharing company, is gearing up an initial public offering (IPO) in the U.S. Seeking Alpha, citing an S-1/A registration with the Securities...

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Uber Secures $2.8B In Q2 Revenue
Uber Secures $2.8B In Q2 Revenue
August 16, 2018  |  Ridesharing

Uber revealed that its second-quarter revenue increased 63 percent from the prior year to $2.8 billion, while gross bookings jumped 41 percent to about $12...

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Payments’ Stranger Things
Payments’ Stranger Things
August 13, 2018  |  Payments Innovation

The payments world could very well be living in the Upside Down. The Upside Down is the fictional parallel universe controlled by a hive mind...

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The Philippines Give Grab Approval, With Conditions
The Philippines Give Grab Approval, With Conditions
August 10, 2018  |  South East Asia

In the Philippines, Grab’s acquisition of Uber’s operations is moving forward with approval from the country’s governing body for competition. The Philippine Competition Commission (PCC)...

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Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
August 10, 2018  |  Sizzle/Fizzle

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. Curbside delivery...

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Lyft Details Corporate Travel Growth
Lyft Details Corporate Travel Growth
August 09, 2018  |  B2B Payments

Travel and expense management solutions providers are increasingly highlighting the shifting trends of corporate travel, like the rising use of ridesharing solutions. That development has...

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Five At Five: NYC Votes To Impose Ridesharing Cap
Five At Five: NYC Votes To Impose Ridesharing Cap
August 08, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes New York lawmakers seeking to...

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