Business travel is returning, and in some ways it’s looking different than it did before the pandemic. For one thing, more of this travel is taking people to and from the workplace. “The number of companies paying for commuter programs and actually paying to get...
India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. The Reserve Bank of India (RBI) issued its warning Tuesday about sRide, which the bank says is operating a “semi-closed prepaid instrument” — its wallet — without...
Earnings season is prime time to take stock — literally, because stocks react quickly to earnings — of corporate strategies, of the varying approaches companies take as they seek to grow their customer bases and, of course, their top lines. For platform firms, the strategies...
Consumer ridesharing spending around the world is expected to be over $937 billion by 2026, according to a Juniper Research press release. The study, Ride Sharing: Value Chain Analysis, Market Size and Forecasts 2012-2026, found that is equivalent to 50 times the combined yearly revenue...
Secure identity company Clear and Uber have partnered to integrate Uber’s ride-hailing platform into Clear’s Home to Gate feature to offer a more predictable air travel experience, according to a Tuesday (Dec. 14) press release. Clear app users can use the integration to determine when...
The U.K. High Court has ruled that Uber’s ride-hailing business model is illegal, TechCrunch reported Monday (Dec. 6), reigniting the debate about London’s view on private vehicle contracts and raising questions about how Uber and ride hailing companies can operate and how much they’ll pay...
Regulators in China have imposed new rules for the country’s ride-hailing sector, a development that puts additional pressure on Didi, the industry’s leader. As the Financial Times reported on Tuesday (Nov. 30), the new regulations include limits on the dispatch fees companies can earn, while...
Uber drivers in Brussels may soon be out of a job after a ruling from the city’s court of appeal making an extension from a 2015 cease-and-desist order, Bloomberg writes. The order came down against an older service to drivers which hire cars and offer...
A poet long ago wrote about two roads diverging in a yellow wood. While you go Googling the poem and the poet, consider this: Robert Frost’s “The Road Not Taken” provides an apt illustration of the strategic paths chosen, and underway, at two competitors in...
