November 17, 2022
Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism...
November 04, 2022
Spend Management Firm Pleo Lays Off 15% of Workforce
Expense management solution provider Pleo has laid off 150 employees — 15% of its workforce — as it shifts its target from growth to efficiency. The seven-year-old company recently experienced...
November 03, 2022
Lyft Lays Off Nearly 700 Staff and Braces for Changing...
Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). In a note sent to Lyft team...
November 01, 2022
Uber Says 70% of New Drivers Signed Up to Beat...
As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery platform’s allure in particular: More...
October 31, 2022
Uber’s Ability to Cross-Sell and Hire New Drivers Will Be...
Beyond the rebound in revenues, beyond the bounce back in Uber’s core ride-hailing business, we’ll get a sense of just extensible the platform model really is when the company reports...
October 25, 2022
White House Recruits Uber, Walgreens in Anti-COVID Plan
Uber and Walgreens have launched a partnership with the White House to provide free deliveries of the prescription COVID-19 treatment Paxlovid straight to customers’ doorsteps. In an announcement published on...
October 24, 2022
API Economy Paves Path to ‘Embedded Everything’
Within financial services, a “plug and play” approach that’s been made easy by a surge in simple API installations is paving the way toward embedded everything. Not only is there...
October 19, 2022
South Korea’s Kakao Super App Outage Shows Risks of Living...
Technology makes everything easier. Except when it doesn’t work — and then makes everything harder. And if there is any indication that a “digital first” but not “digital only” mindset...
October 18, 2022
Former Grab Lending Head Joins Digital Lender Julo
The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted. Mehrotra was a former managing...