Ridesharing in India is expanding quickly. In fact, India is on pace to overtake Uber’s U.S. market, which currently stands at number one. Despite intense competition from local ride-hailing apps in India, Uber is seeing a 40 percent month-on-month growth in its Indian market, which spans...
Who can predict the future? Ridesharing company Lyft says it can. Lyft looked into its crystal ball and reported that private car ownership in the U.S. will “all but end” by 2025. John Zimmer, cofounder and president of Lyft, made that surmising announcement on Sunday...
Uber, the ridesharing app, has done an about-face in Macau, saying on Friday (Sept. 9) that it isn’t exiting the market, which it said in August it would do. On its website, Uber cited support for its about-face. “The unprecedented amount of support we received over the...
