Search results for "ride-hailing"

May 21, 2024
Mergers of Complements

Antitrust recognizes three categories of mergers: horizontal (between competitors), vertical (involving buyers and sellers), and mergers of potential competitors. This classification system seriously understates the role of complements in mergers....


May 16, 2024
Grab’s Path to Profitability Paved by Operating Leverage and AI

In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using technology. Singaporean super app Grab reported earnings results Wednesday (May...


May 15, 2024
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and...


May 14, 2024
Lyft Extends 70% Pay Standard to Drivers Nationwide

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70% or more on fares per week, after...


May 08, 2024
Earnings Point to Different Routes for Lyft and Uber

Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods,...


April 24, 2024
Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment

The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not...


April 18, 2024
Why Europe Must End Its 30-Year Digital Winter to Ensure...

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and...


April 03, 2024
Uber Eats and Waymo Roll Out Autonomous Delivery in Phoenix

Uber is expanding its Phoenix-based partnership with autonomous vehicle company Waymo. The company announced Wednesday (April 3) that it is now offering Uber Eats deliveries in the Arizona capital via Waymo vehicles. “Starting today...


April 02, 2024
Privacy Dynamics Return to Forefront of Connected Consumer Concerns

In a dynamic connected economy landscape, where every click, swipe and tap leaves a digital footprint, the notion of privacy has become an elusive concept, sought after yet increasingly challenging...