PYMNTS-MonitorEdge-May-2024

ride-hailing

Fair Secures $500M Loan Led By Mizuho Bank
Fair Secures $500M Loan Led By Mizuho Bank
September 18, 2019  |  Loans

Car leasing app Fair has secured a $500 million revolving credit facility led by Mizuho Bank. SoftBank Group Corp. is among several credit providers also...

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Uber Tests Ride-Hailing, Food Delivery ‘Super App’ In India
Uber Tests Ride-Hailing, Food Delivery ‘Super App’ In India
September 06, 2019  |  Retail

In a move that allows users in India to choose Eats or Rides with equal visibility, Uber has reportedly begun experimenting with an interface that...

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Amazon Reportedly Had Preliminary Go-Jek Investment Talks
Amazon Reportedly Had Preliminary Go-Jek Investment Talks
August 28, 2019  |  Retail

In a move that could grow its services into a populous new market, Amazon has reportedly held discussions with Indonesian ride-hailing firm Go-Jek on a...

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Grab Continues Asian Expansion With Foray Into Vietnam
Grab Continues Asian Expansion With Foray Into Vietnam
August 26, 2019  |  Investments

Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said it was going to invest “several hundred million dollars” in Vietnam,...

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Rideshare Firm Bolt Begins Food Delivery In Estonia
Rideshare Firm Bolt Begins Food Delivery In Estonia
August 21, 2019  |  Delivery

Ride-hailing service Bolt, which used to be called Taxify and is an Uber competitor, has started delivering food in Estonia, where the company originated, according...

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Cabcharge Digitizes Taxi Receipts In SAP Concur
Cabcharge Digitizes Taxi Receipts In SAP Concur
August 14, 2019  |  B2B Payments

Through a new collaboration with taxi fleet operator Cabcharge, SAP Concur is helping to digitize the paper receipts that corporate travelers get when taking traditional...

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Uber Fined $629K By Colombia For Blocking Regulators’ Access
Uber Fined $629K By Colombia For Blocking Regulators’ Access
August 12, 2019  |  Regulation

The commerce regulator in Colombia said it will fine Uber over $629,000 because the ride-hailing firm obstructed a regulatory visit two years ago, according to...

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Lyft’s Revenue Per Rider Up Amid More ‘Rational’ Ride Hailing Market
Lyft’s Revenue Per Rider Up Amid More ‘Rational’ Ride Hailing Market
August 07, 2019  |  Earnings

For Lyft, riders were up, revenues per rider were up, and the push beyond ride hailing continues. The transportation company reported results Wednesday (Aug. 7)...

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Vietnam Rideshare Be Group Adds Delivery To Challenge Grab, Go-Viet
Vietnam Rideshare Be Group Adds Delivery To Challenge Grab, Go-Viet
August 05, 2019  |  Delivery

Ride-hailing firm Be Group in Vietnam is launching two delivery services to compete with Grab and Go-Viet, Deal Street Asia reported on Monday (Aug. 5)....

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