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

Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
January 19, 2018  |  Investments

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some...

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Uber Told By SoftBank To Win Back Share In US And Europe
Uber Told By SoftBank To Win Back Share In US And Europe
January 19, 2018  |  Ridesharing

Uber’s newest and largest shareholder, telecommunications firm SoftBank, wants the ridesharing app company to regain its market share in the U.S. and grow in more...

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Grab Grabs Digital Payment Startup iKaaz
Grab Grabs Digital Payment Startup iKaaz
January 18, 2018  |  Ridesharing

Grab, the Southeast Asia ridesharing company, has inked a deal to acquire iKaaz, the mobile payment startup hailing from India. According to news from TechCrunch, under...

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Lyft Gave 375M Rides In 2017; Expands Concierge Service
Lyft Gave 375M Rides In 2017; Expands Concierge Service
January 17, 2018  |  Ridesharing

Lyft, the ride-hailing startup that is competing against Uber, announced Tuesday (Jan. 16) that it is expanding its Lyft Concierge service, which it rolled out...

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GrabPay Names Visa Executive As Managing Director
GrabPay Names Visa Executive As Managing Director
January 10, 2018  |  Personnel

Southeast Asian ridesharing company Grab has hired Ooi Huey Tyng to serve as managing director of its payments platform, GrabPay. According to PaymentsSource, Huey Tyng...

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What’s Old Is New Again: Surge Pricing
What’s Old Is New Again: Surge Pricing
January 09, 2018  |  Commerce

It’s every Uber rider’s worst nightmare: A ride that costs hundreds of more dollars than expected. In October, an Illinois woman hopped out of an...

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Who Decided To Hold – And Fold – Uber Shares To SoftBank
Who Decided To Hold – And Fold – Uber Shares To SoftBank
January 08, 2018  |  Ridesharing

Now that Uber has completed its secondary transaction with SoftBank, there is a clearer picture of just how much money the company’s investors are walking...

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Using Cars To Build A Better Billboard
Using Cars To Build A Better Billboard
January 08, 2018  |  Omnicommerce

Some innovations are brilliant – and obviously so – from the start. Others take a little more convincing. Such was the story of the early founding days...

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Uber Technologies Sells Money-Losing Auto Leasing Unit
Uber Technologies Sells Money-Losing Auto Leasing Unit
December 27, 2017  |  Ridesharing

Uber Technologies has reportedly sold its subprime auto leasing business in the U.S. to Fair.com, a car marketplace startup. The Wall Street Journal said the sale...

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