Taxify’s CEO believes his company can grow another 100 times as it competes with rival Uber in Europe and Africa. In an interview with CNBC at the Web Summit tech conference in Lisbon, Portugal, Taxify CEO Markus Villig revealed that he sees major potential for...
The European Union’s (EU’s) competition authority has approved a plan by luxury carmakers Daimler and BMW to combine their car sharing businesses. “Combining our mobility services as planned will create a unique digital ecosystem,” said BMW Chairman of the Board Management Harald Krüger in a statement...
Scooters are so retro that they are almost brand new. That might seem, from certain angles, a decent problem to have: A mode of transportation often associated with the same 1950s culture that celebrated the Davy Crockett cap and the vanilla voice of Pat Boone...
Aiming to provide customers with more consistent pricing, Uber announced Tuesday (October 30) a pilot of a new membership program dubbed Ride Pass. In a blog post, the ride-hailing startup said Ride Pass is a new way for riders to lock in a consistent, low...
China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. The news comes as the company tries to recover from two highly publicized murders of female passengers by drivers on its platform, according to reports. In July, Didi Chuxing received $500 million in funding...
Uber is reportedly testing an on-demand staffing business called Uber Works which would allow businesses to hire workers for short-term jobs. According to the Financial Times, Uber Works provides a temporary workforce for events and corporate functions, such as waiters or security guards. The company is...
The world being created by ridesharing services is one of aggressive corporate expansion, political action, payments development, socio-economic uncertainty and gig economy growth. Now comes the real fun, theater and drama. Anyone interested in payments and commerce already knows that the two main rivals in...
Uber, the ride-hailing company, is reportedly mulling bringing on a minority investor to help it bankroll its self-driving unit. Financial Times, citing two people familiar with the matter, reported that Uber has already received expressions of interest from would-be investors, and may opt to spin...
Lyft, the ride-hailing company, announced on Tuesday (Oct. 16) that it has launched a new subscription plan that it is calling its All-Access Plan. In a blog post, Lyft said that with the new subscription plan, passengers pay upfront every 30 days to lock in...
