PYMNTS-MonitorEdge-May-2024

ride-hailing

California Supreme Court to Hear Challenges to Gig Worker Law
California Supreme Court to Hear Challenges to Gig Worker Law
May 21, 2024  |  Gig Economy

On Tuesday (May 21), the California Supreme Court will hear oral arguments in a lawsuit challenging a ballot measure known as Proposition 22. The measure,...

READ MORE >
Earnings Point to Different Routes for Lyft and Uber
Earnings Point to Different Routes for Lyft and Uber
May 08, 2024  |  Earnings

Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the...

READ MORE >
Uber Sued for $312 Million by London Cab Drivers
Uber Sued for $312 Million by London Cab Drivers
May 02, 2024  |  Legal

Uber is reportedly facing a $312 million lawsuit from drivers of London’s black cabs. That suit, according to a Bloomberg news report Thursday (May 2), was...

READ MORE >
Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
April 24, 2024  |  Ridesharing

Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs...

READ MORE >
Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
April 24, 2024  |  Ridesharing

The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good...

READ MORE >
Uber and Klarna Team on New Payment Options for Rides, Deliveries
Uber and Klarna Team on New Payment Options for Rides, Deliveries
April 24, 2024  |  Partnerships

Uber and Klarna have joined forces to offer users new ways to pay for rides and deliveries. The collaboration, announced Wednesday (April 24), lets users in the U.S., Germany...

READ MORE >
Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
April 03, 2024  |  Startups

BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published...

READ MORE >
Uber Courts Parents of Small Children With Uber Car Seat
Uber Courts Parents of Small Children With Uber Car Seat
March 26, 2024  |  Ridesharing

Following offerings aimed at young drivers, Uber is now reaching out to even younger passengers. More to the point, the parents of those young passengers, with a...

READ MORE >
InDrive Secures Additional $150 Million to Grow Mobility Platform
InDrive Secures Additional $150 Million to Grow Mobility Platform
March 14, 2024  |  Gig Economy

Global mobility and urban services platform inDrive’s financing arrangement with General Catalyst has been expanded to $300 million. The company has secured an additional $150 million from General...

READ MORE >