Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported. Shareholders, including Japan-based SoftBank, which first invested in Grab six years ago and in several later funding rounds, have urged...
Lyft said it saw a 7.3 percent jump in ride operations in August from the month prior, according to Reuters. Operations in Canada seemed to be recovering faster than those in the U.S., comparing the only two countries in which the rideshare company operates. Lyft...
Uber Technologies has entered the auto rental business in the United Kingdom, attributing the move to the desire to maximize social distancing. The technology company has entered a partnership with car rental provider CarTrawler, The Verge reported. Uber already has partnerships with CarTrawler in France...
Uber will use the same technology it employs to ensure drivers are wearing masks to verify passengers do the same, the company said in an announcement Tuesday (Sept. 1). Beginning in late September in the U.S. and Canada, and later in other regions, if a...
As Uber Technologies Inc. seeks to reinstate its license to provide ride-hailing services in London after a suspension, the city’s transportation regulator will leave the decision up to a judge. Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber...
Didi Chuxing, the Chinese ride-hailing service, has launched in Russia as the company’s first Eurasian market, a blog post on the company website announced. DiDi Express has launched in Kazan, the capital and largest city in the Republic of Tatarstan. Tatarstan is home to the...
Unless an appeals court intervenes at the last minute, Uber Technologies Inc. and Lyft Inc. are ready to suspend their ride-hailing services in California on Thursday (Aug. 20). In a blog post, Lyft said its rideshare operations in California would be suspended at 11:59 a.m....
On the eve of a court order to reclassify freelance drivers as employees in California, competitors of Uber Technologies Inc. and Lyft Inc. are ready to pick up their customers if the ride hailing giants suspend service, CNBC reports. A California judge has ruled Uber must...
Uber Technologies Inc., facing a Thursday (Aug. 20) deadline to reclassify its freelance drivers in California as employees, is considering licensing its brand to independently operated franchises. Bloomberg News reported that the move, if successful, would be an alternative to classifying them as employees. Uber is...
