Uber has announced that it is launching its first integration with public transit. The rideshare giant has partnered with the Regional Transportation District (RTD) so that users in Denver can find real-time information and directions to local public transportation via the Uber app. “Our customers...
Lime and Bird, the two electric scooter startups that raised hundreds of millions of dollars in funding in 2018, are aiming to raise more but at a lower valuation. Bloomberg, citing multiple people familiar with the details, reported the two companies are looking to raise...
HERE Technologies, a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. Unlike, say, Uber or Lyft, SoMo allows users to plan trips based on events and friends....
Grab, the leading ride-hailing company in Southeast Asia, was ordered by a court in Vietnam to pay $206,985 — or 4.8 billion dong — in a legal battle with Vietnam Sun Corp., the local taxi company that sued Grab over lost business. According to a...
BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to get a license to operate a ride-hailing service in the country. “We are excited to offer our new premium ride-hailing...
A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure, Lyft’s grew 32 percent — two times faster than Uber. As of October, Uber and...
To provide families with access to groceries in Washington, D.C., Lyft is teaming up with nonprofit Martha’s Table for its Grocery Access Program. The ridesharing company will provide discounted rides to families living in two of the city’s neighborhoods to and from the supermarket, according...
Uber is moving ahead with its initial public offering, filing paperwork with the Securities and Exchange Commission in the U.S. last week. The Financial Times, citing people familiar with the matter, reported Uber is joining Lyft, its ride-hailing rival, in filing the paperwork with the...
Lyft is tapping into the stock market through an initial public offering (IPO). The Wall Street Journal reported on Thursday (Dec. 6) that the ride-hailing company has “confidentially filed” a draft registration with the Securities and Exchange Commission (SEC), among the steps needed to list shares...
