PYMNTS-MonitorEdge-May-2024

ride-hailing

Lyft Sues SF Over Bikesharing Contract Violation
Lyft Sues SF Over Bikesharing Contract Violation
June 10, 2019  |  Ridesharing

Lyft, the ride-hailing startup, has filed a lawsuit against San Francisco claiming officials in the city are violating a contract with the ride-hailing company. According...

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Uber Eats Becomes Part Of Ride-Hailing App
Uber Eats Becomes Part Of Ride-Hailing App
June 05, 2019  |  Mobile Applications

Uber confirmed to a news outlet on Wednesday (June 5) that it is merging a fully functional web version of Uber Eats into its ride-hailing...

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Analysts Sanguine On Uber Despite (Growing) Red Ink
Analysts Sanguine On Uber Despite (Growing) Red Ink
June 05, 2019  |  Ridesharing

Come on in, the water’s fine. That red ink? Never mind. It’s no secret that ride-hailing firms have had a rough go of it on...

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Uber And Lyft Drivers Could Gain Access To Digital Ad Revenue
Uber And Lyft Drivers Could Gain Access To Digital Ad Revenue
June 03, 2019  |  Ecosystems

Say hello to the marriage of digital advertising and ride-hailing – and, it seems, more potential for a bigger payday for those gig workers who...

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Uber Q1 Earnings Call Touts Rational Market; Lyft Shares Rise
Uber Q1 Earnings Call Touts Rational Market; Lyft Shares Rise
May 31, 2019  |  Ridesharing

In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within...

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Uber For Business Lands Another T&E Partner
Uber For Business Lands Another T&E Partner
May 31, 2019  |  B2B Payments

Uber for Business is broadening its partner ecosystem to streamline the expense management process for its users. Corporate travel and expense management technology firm Fraedom...

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Uber’s Growth Slows Sharply
Uber’s Growth Slows Sharply
May 31, 2019  |  Earnings

All eyes were on Uber's first quarterly report as a publicly traded company. Management pointed to some improvements in the competitive pricing dynamics in ridesharing...

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Uber Leasing Program Helps Drivers Who Can’t Afford Cars
Uber Leasing Program Helps Drivers Who Can’t Afford Cars
May 30, 2019  |  Ridesharing

Ride-hailing giant Uber has teamed up with a leasing startup called Fair to help drivers without credit, or with low capital, secure a car, according...

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Uber to Remove Low-Rated Riders From Platform
Uber to Remove Low-Rated Riders From Platform
May 29, 2019  |  Ridesharing

Uber is going to start deactivating riders with low ratings, according to a report. The ridesharing company started the new initiative on Wednesday (May 29)...

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