The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the new rules on payments are a bit complicated. And while it is also clear that those pay rules will have...
Uber may be exiting some international markets — but when it comes to India, the ride-hailing company is staying put. Citing an email penned by Uber’s India head Pradeep Parameswaran, CNBC reported he told executives — including chief executive Dara Khosrowshahi and CFO Nelson Chai...
Uber, the ride-hailing company, could make an acquisition to boost its e-scooter business, reported Engadget. Citing The Information, Engadget reported sources said Uber had talks with Bird and Lime, the scooter-sharing services, about a deal recently. Uber was reportedly trying to overcome shortages of scooters,...
Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on rival Grab. According to Bloomberg, sources said GO-JEK’s beta app will be available to a limited number of consumers before it expands to...
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Companies are competing...
Many Africans who can’t afford to buy a vehicle are becoming drivers for rideshare companies in order to secure a discount and loan on a car. Reuters reported that there are 25 cars per 1,000 Kenyans, compared to 786 in the United States, according to...
Uber, the ride-hailing company, announced on Wednesday (Nov. 14) Uber Rewards, a new loyalty program that lets customers earn every time they use Uber or Uber Eats. In a company blog post, Uber said the new program provides users with four membership levels, including Blue,...
General Motors announced that is expanding its car-sharing subsidiary Maven, making its P2P service available to non-GM vehicles. According to sources, Julia Steyn, vice president of GM Urban Mobility and Maven, said Monday (November 12) during a presentation at the UBS Global Technology Conference in...
Lyft, the ride-hailing company that reached 1 billion rides in September, announced news on Monday (November 12) that it is gearing up to roll out a loyalty program dubbed Lyft Rewards. In a company blog post, Lyft said the program is being launched in the...
