Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. is asking for the Colombian government to put emergency regulations into place to enable its ridesharing service to continue running. The firm seeks to have the administration of President...
With the newest of many initiatives to reportedly provide drivers with greater independence as a reaction to the state’s new gig economy law, Uber Technologies Inc. is piloting a function that allows some drivers in California to set their own rates. Drivers who shuttle riders from airports...
Uber rival Bolt has closed a €50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve its technology, according to reports on Thursday (Jan. 16). Get the Full Story Complete the form to unlock this article...
A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported on Wednesday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Yandex, a Russian technology giant and car-sharing company, plans to expand its car-sharing offerings into Europe as other companies in the space retreat, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As Uber, Lyft and other ridesharing companies continue to prosper, California is seeing a reckoning with the question of their need for regular taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber will cease operating in Colombia at the end of the month, the company said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
