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’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...

READ MORE >
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...

READ MORE >
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. Get the...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’
Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’
May 09, 2018  |  Gig Economy

The gig life isn’t just for Uber drivers. And it’s not just about that much-reported millennial “side hustle” either. “Gig” is really just a new...

READ MORE >
Is Walmart Nearing A Deal For A Flipkart Stake?
Is Walmart Nearing A Deal For A Flipkart Stake?
May 04, 2018  |  News

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s run of stories starts with an...

READ MORE >
Lyft Takes 9 Percentage Points Of US Market Share From Rival Uber
Lyft Takes 9 Percentage Points Of US Market Share From Rival Uber
May 01, 2018  |  Ridesharing

Lyft has nearly doubled its market share, taking nine percentage points away from rival and market leader Uber. Get the Full Story Complete the form...

READ MORE >