At a New York Times DealBook conference on Wednesday (Nov. 6), Uber CEO Dara Khosrowshahi defended the company’s business, saying that it is viable and very different from WeWork, which recently had to call off an initial public offering (IPO) over plummeting value and troubles...
Uber is not going to build a $40 million safety and support center in Colombia after all, citing regulatory restrictions. Reuters is reporting that the center was going to be the ridesharing company’s third in Latin America. Uber is also illegal in the country, even...
Lyft is rolling out Lyft Pink, a new membership plan for riders looking for discounts on car, bike and scooter rides, the ridesharing firm said in a blog post on Tuesday (Oct. 29). The membership plan costs $19.99 a month and comes with a 15 percent discount...
Every journey tends to have speedbumps, and that appears to be the case when it comes to the efforts to bring more digital commerce – and less formal ownership – to the automotive world. That’s just a long way of saying this isn’t going to be the...
Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. Penske Dash provides members with on-demand access to Volkswagen Jetta SE vehicles that can be rented by the minute, hour or day through...
Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company. Reuters is reporting that despite the issues Uber has encountered in getting a foothold in China and Southeast Asia, the...
Nadiem Makarim, founder of Indonesia’s ride-hailing startup Gojek, the country’s most valuable unicorn, is resigning as chief executive officer to work for the government, TechCrunch reported on Monday (Oct. 21). He will join Indonesia President Joko Widodo’s cabinet and his resignation from Gojek takes effect...
Uber Eats announced that it has launched a new pickup feature nationwide. The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. 18). The company’s rivals — DoorDash, Grubhub and Postmates — already...
Ride-hailing companies Uber and Lyft decided not to attend a U.S. House of Representatives meeting on subjects affecting the industry, even as they were officially requested to do so. Both companies were asked to participate in a House Transportation and Infrastructure Committee inquiry held on...
