Singapore’s competition watchdog has pumped the brakes on ride-hailing giant Grab’s plan to acquire Trans-cab. The Competition and Consumer Commission of Singapore (CCCS) announced Monday (Oct. 16) it had concerns about the proposed deal, which would see Grab take ownership of the city-state’s third largest cab company. “Third-party feedback received by CCCS...
Uber wants to give southern California taxi drivers a chance to get trip referrals. The ride-hailing firm announced Tuesday (Sept. 26) a collaboration with Los Angeles Yellow Cab and its five partner taxi fleets in Los Angeles, Orange and San Diego counties. Los Angeles Yellow...
The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super provider Grab to dip 8%. Grab, whose services include ride-hailing, saw its shares lose the gains they had made over the past three...
Uber has teamed with insurtech Cover Genius to protect its drivers in Brazil. The partnership, announced Tuesday (Aug. 8), integrates Uber and Cover Genius’ distribution platform XCover to offer drivers embedded protection as well as features like automated payouts and charging based on driving data. “As the number of rideshare...
The European Union (EU) is looking into the tightening of regulations experienced by ride-hailing apps in Spain. The EU has opened a preliminary probe into whether the latest measures enacted by the Spanish government protecting the taxi industry from private hire services such as Uber, Bolt and Cabify, are a breach...
Zoox announced Tuesday (June 27) that it has been operating its driverless robotaxi in Las Vegas for two weeks. The autonomous car — which has no steering wheel or pedals — has been transporting Zoox employees on a one-mile loop on public roads near the company’s...
Business travel is making a comeback and Uber is capitalizing on the trend with new products and features designed to make the journey smoother, more comfortable, and more efficient for business travelers. In a press release posted Thursday (June 1), Susan Anderson, global head of Uber...
A growing share of European taxi drivers’ business is coming from Uber. The share of these taxi drivers’ rides that are booked on the platform has risen from 5% a year ago to 10% today, Reuters reported Monday (May 29). Uber and European taxi drivers...
Uber will begin letting teenagers book rides — highly supervised rides — on its platform. The company announced Wednesday (May 17) the launch of its “teen accounts” service for riders ages 13 to 17. In a post on the company blog, Uber CEO Dara Khosrowshahi discussed the...
