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

The Data Dive: The Week In Reversals, Rewards And Rebuffing Warren Buffett
The Data Dive: The Week In Reversals, Rewards And Rebuffing Warren Buffett
June 04, 2018  |  Data Dive

Reversals, no matter how surprising, are always possible. On June 4, 1949 – 78 years ago today – the miracle at Dunkirk was completed, despite...

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Uber Raises Fares In Major US Cities
Uber Raises Fares In Major US Cities
June 01, 2018  |  Ridesharing

To help retain drivers on its platform, Uber is raising its fares in cities such as Washington, D.C., San Francisco and Los Angeles. The increases...

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Uber Plans To Reinvest Profits In Tech, Products In Emerging Markets
Uber Plans To Reinvest Profits In Tech, Products In Emerging Markets
May 24, 2018  |  Investments

Uber, the ride-hailing company, plans to pour its profits into expanding its products and investing in technology in emerging markets. BGR, citing an email penned...

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Uber’s Q1 Profit Thanks To Sale Of Grab
Uber’s Q1 Profit Thanks To Sale Of Grab
May 24, 2018  |  Ridesharing

Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to...

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Lyft To Spend $100M To Better Support Drivers
Lyft To Spend $100M To Better Support Drivers
May 23, 2018  |  Ridesharing

Lyft, the ride-hailing company taking on Uber, announced news on Wednesday (May 23) that it is investing $100 million to provide more support for its...

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Careem Networks Close To Raising $500M In Funding
Careem Networks Close To Raising $500M In Funding
May 23, 2018  |  Investments

Ride-hailing company Careem Networks FZ, which is an Uber competitor in the Middle East, could be on the cusp of raising $500 million from investors. Bloomberg reported...

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Five At Five: When Will Amazon Top Walmart In Sales?
Five At Five: When Will Amazon Top Walmart In Sales?
May 15, 2018  |  Commerce

Welcome to Five at Five, your late look at payments and commerce news you may have missed. Today’s stories include a fresh look at Amazon’s...

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Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
May 11, 2018  |  Sizzle/Fizzle

It’s never a good sign when the headlines begin widely speculating about a firm’s impending demise. That’s currently the media narrative for MoviePass, which has...

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Lyft All-Access Subscription Plan Has Waitlist
Lyft All-Access Subscription Plan Has Waitlist
May 10, 2018  |  Subscriptions

Expanding upon its experimental All-Access plan, Lyft is rolling out the subscription service to another set of riders. As of Wednesday (May 9), TechCrunch reported...

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