Uber has launched JUMP e-bikes in London, with a pilot program of 350 bikes in the Islington Borough and a plan to bring the service to other parts of the city in the near future, according to a report. Uber was almost pushed out of...
Rideshare company Lyft has announced that Citi Bike has now been completely integrated into its smartphone app. In July 2018, Lyft acquired Motivate, the largest bikeshare operator in the U.S. and the parent company of Ford GoBike and Citi Bike. Lyft reportedly paid approximately $250...
General Motors is winding down its carsharing service dubbed Maven in eight of the 17 cities in the U.S. where it is operational. According to a report in The Wall Street Journal citing a GM spokeswoman, GM will shut down Maven in Chicago and Boston in...
The New York Attorney General’s office and New York Mayor Bill de Blasio have both ordered investigations into the practices of the taxi industry that has resulted in drivers saddled with crushing debt after being steered into costly loans. According to a report in The...
Cargo has gone international by expanding its partnership with Uber to include Brazil. Uber drivers in São Paulo and Rio de Janeiro can sign up for Cargo, which allows them to earn additional income by selling products to passengers during rides. Launched in 2017, Cargo...
Kapten, a ride-hailing startup that’s backed by Daimler and BMW, has started operating in London and has put up ads targeted at Uber about how it avoids taxes in the U.K., according to a report by TechCrunch. Kapten was launched in France in 2012 and...
Indian ride-hailing company Ola is getting into the credit card business, teaming up with SBI Bank in India and Visa to launch a credit card. According to a report in TechCrunch, citing the companies, the plan is to issue as many as 10 million credit...
With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and retaining more drivers. According to a report in The Wall Street Journal, both Uber and Lyft, which saw their stocks...
Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of 2020, according to a report by CNBC. He does, however, agree that the future is going to be in electric...
