Taxi news and trends

Mail.ru And Sberbank To Back Joint eCommerce Platform
Retail // July 25, 2019

As eCommerce sales in Russia gather pace, internet firm Mail.ru and Sberbank plan to invest up to $1 billion or 64 billion rubles in a new taxi services and food delivery joint platform. The joint venture is said to compete with Uber and Yandex.Taxi, Reuters...

Uber, Yandex To Acquire Russian Taxi Service Vezyot
Partnerships / Acquisitions // July 15, 2019

Yandex has announced that MLU B.V., its ride-sharing and food delivery joint venture with Uber, has agreed to acquire the IP and call-centers of Russia’s largest taxi company, Vezyot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Loans // May 19, 2019

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While New York City has long blamed Uber and Lyft for the industry’s woes, a New...

Deep Dive: Can Ride-Hailing Apps Keep Traditional Taxis Afloat?
Unattended Retail // May 15, 2019

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

Quick Reads
Gojek To Take Strategic Stake In Blue Bird Taxicab Company

December 16, 2019
Indonesian delivery app Gojek has announced it will buy 5 percent of taxicab company Blue Bird, in an effort to stay competitive with rivals like Grab, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Mail.ru And Sberbank To Back Joint eCommerce Platform

July 25, 2019
As eCommerce sales in Russia gather pace, internet firm Mail.ru and Sberbank plan to invest up to $1 billion or 64 billion rubles in a new taxi services and food...

Uber, Yandex To Acquire Russian Taxi Service Vezyot

July 15, 2019
Yandex has announced that MLU B.V., its ride-sharing and food delivery joint venture with Uber, has agreed to acquire the IP and call-centers of Russia’s largest taxi company, Vezyot. Get...

Taxi Drivers Driven To Bankruptcy Over Medallion Loans

May 19, 2019
The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While...