Car2go, a car rental app that lets users pay by the minute, is significantly raising its rates, according to a report by TechCrunch. The company said it’s going to start using variable pricing, based on how busy the service is and the time, location and...
Waze, the GPS app owned by Google since 2013, announced that it is launching a new Carpool feature that allows users to invite multiple riders to join a carpool. Before now, a carpool could only be initiated by a driver with one other rider, and...
Uber has laid off one third of the employees, or 400 people, in its marketing department, according to a report in The New York Times. The move is an attempt by the company to streamline the way it works and to reduce costs. The company...
Japanese investor SoftBank will invest $2 billion over five years in the Southeast Asian ride-hailing firm Grab. A next-generation transportation network is planned, along with an overhaul of how medical care and other essential services are delivered, Grab said on Monday (July 29) in a...
In a move to develop new car technologies in China, Toyota Motor Corp. is planning to invest $600 million in ride-hailing giant Didi Chuxing. Toyota will also form a new joint venture as it seeks to advance connected and electric vehicles in China, Reuters reported...
The Santa Monica-based eScooter rental service Bird is being valued at $2.5 billion in a new funding round led by the venture capital firm Sequoia Capital. The Series D funding round tips Bird’s valuation above the $2.3 billion where it was pegged last year, double...
Uber is testing a monthly subscription pass that would allow access to rides, scooters, bikes and food, according to a report. The pass, which costs $24.99 per month, offers a fixed discount on rides, free Uber Eats delivery and free rides on JUMP bikes and...
Chinese ride-hailing giant Didi Chuxing has announced it has plans to relaunch its Hitch carpooling service with added safety features. The company had pledged in 2018 that it would prioritize safety over growth after suspending the service following the murder of a female passenger, according...
The Santa Monica-based eScooter rental service Bird is planning a new hub in Paris that will serve as the company’s “second European home.” The company plans to hire 1,000 people over two years to help spur the growth of its scooter service across the European...
