PYMNTS-MonitorEdge-May-2024

ride-hailing

Uber’s First CEO Resigns From Board
Uber’s First CEO Resigns From Board
May 26, 2019  |  Personnel

Uber‘s first chief executive and employee Ryan Graves resigned from the board two weeks after the ride-hailing company went public in what The Financial Times...

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Uber Gearing Up To Launch Unlimited Delivery Membership Program
Uber Gearing Up To Launch Unlimited Delivery Membership Program
May 22, 2019  |  Delivery

Uber, the newly public ride-hailing startup, is gearing up to launch a subscription plan for food delivery. Reports citing code hidden in the Android Uber...

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Ride-Hailing Startup Kapten Takes Aim At Uber In The UK
Ride-Hailing Startup Kapten Takes Aim At Uber In The UK
May 16, 2019  |  Ridesharing

Kapten, a ride-hailing startup that’s backed by Daimler and BMW, has started operating in London and has put up ads targeted at Uber about how...

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China’s BAIC Aims To Acquire 5 Pct. Of Daimler
China’s BAIC Aims To Acquire 5 Pct. Of Daimler
May 12, 2019  |  Investments

BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. According to a report citing three sources familiar with the...

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Uber, Lyft Struggle To Keep Drivers On Board
Uber, Lyft Struggle To Keep Drivers On Board
May 12, 2019  |  Ridesharing

With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and...

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Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?
Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?
May 10, 2019  |  IPO

Uber’s IPO priced at the (very) low end of revised ranges on Thursday (May 9). Investor sentiment is muted amid Lyft’s own downturn, general market...

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No Lift For Lyft Following Q1 Earnings Report
No Lift For Lyft Following Q1 Earnings Report
May 08, 2019  |  Earnings

There was no lift for Lyft from an earnings report that may have been viewed by investors as having been … uneven. In its first...

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Grab Moves To Spin Off FinServ Assets
Grab Moves To Spin Off FinServ Assets
May 08, 2019  |  B2B Payments

Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8). The publication said...

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Waymo To Offer Driverless Vehicles Via Lyft
Waymo To Offer Driverless Vehicles Via Lyft
May 08, 2019  |  Ridesharing

Alphabet‘s self-driving subsidiary Waymo revealed more about its ongoing partnership with Lyft, announcing plans to launch 10 of its driverless vehicles on Lyft’s ride-hailing platform...

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