PYMNTS-MonitorEdge-May-2024

ride-hailing

Gojek To Take Strategic Stake In Blue Bird Taxicab Company
Gojek To Take Strategic Stake In Blue Bird Taxicab Company
December 16, 2019  |  Partnerships / Acquisitions

Indonesian delivery app Gojek has announced it will buy 5 percent of taxicab company Blue Bird, in an effort to stay competitive with rivals like...

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New Uber Service Caters To Skiers, Snowboarders
New Uber Service Caters To Skiers, Snowboarders
December 11, 2019  |  Ridesharing

Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. Starting on Dec. 17, the ride-hailing company...

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Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
December 03, 2019  |  Ridesharing

The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in which it operates,...

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India Proposes Limiting Ride-Hailing Commissions
India Proposes Limiting Ride-Hailing Commissions
December 02, 2019  |  Ridesharing

India is considering a proposal to cap the commissions on app-based ride-hailing firms, such as Uber and Ola, to a total of 10 percent of...

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India’s Bounce Notches $150M For Affordable Scooter Rentals
India’s Bounce Notches $150M For Affordable Scooter Rentals
November 27, 2019  |  Investments

Bangalore-based startup Bounce has raised roughly $150 million in a Series D funding round led by existing investors Eduardo Saverin’s B Capital and Accel Partners...

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Uber Price Spike Revealed In Chicago
Uber Price Spike Revealed In Chicago
November 26, 2019  |  Ridesharing

Although ride-hailing companies like Uber and Lyft strive to keep pricing strategies secret, a Chicago law requires the disclosure of fare data, Reuters reported on...

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Indian Ride-Hailing Company Ola Is Coming To London
Indian Ride-Hailing Company Ola Is Coming To London
November 26, 2019  |  Ridesharing

Ola, a ride-hailing company from India, said it’s going to be operational in London “in the coming weeks,” according to a report by TechCrunch. The...

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Uber To Appeal Loss Of London License
Uber To Appeal Loss Of London License
November 25, 2019  |  Ridesharing

London’s transport regulator, Transport for London (TfL), has yanked Uber’s license to operate in the city, prompting the ride-hailing giant to file an appeal, Reuters...

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China’s Didi Plans Rollout Of Robo-Taxi In Shanghai
China’s Didi Plans Rollout Of Robo-Taxi In Shanghai
November 19, 2019  |  Ridesharing

Chinese ride-hailing leader Didi Chuxing is planning to bring a robo-taxi service to Shanghai, CNBC reported on Tuesday (Nov. 19). “We are going to launch...

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