PYMNTS-MonitorEdge-May-2024

ride-hailing

Lyft  Aims For As Much As $23B Valuation
Lyft Aims For As Much As $23B Valuation
March 18, 2019  |  IPO

Lyft is set to launch the investor road show for its initial public offering on Monday (March 18) in which it’s aiming to get a...

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The Grab Journey: From Ride-Hailing To Mobile Financial Services Powerhouse
The Grab Journey: From Ride-Hailing To Mobile Financial Services Powerhouse
March 11, 2019  |  South East Asia

It’s said that the journey of 1,000 miles begins with a single step. The journey to build a digital ecosystem from the ground up starts...

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Grab Raises $4.5 Billion Led By Softbank’s Vision Fund
Grab Raises $4.5 Billion Led By Softbank’s Vision Fund
March 06, 2019  |  Investments

Grab, the Southeast Asian ride-hailing startup, has raised more than $4.5 billion in a round of funding led by SoftBank‘s Vision Fund. According to a...

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Go-Jek Notches $100M In Series F Investment
Go-Jek Notches $100M In Series F Investment
March 04, 2019  |  Investments

As Indonesian ride-hailing company Go-Jek seeks to grow regionally, the firm notched a $100 million in funding from existing investor Astra. The investment was said...

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Lyft IPO Docs Show Revenue Of $2B, Losses Of $911M
Lyft IPO Docs Show Revenue Of $2B, Losses Of $911M
March 04, 2019  |  IPO

Ride-hailing company Lyft made its initial public offering (IPO) papers public on Friday (March 1) to kick off what is expected to be a busy...

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Uber Reportedly Close To Buying Competitor Careem
Uber Reportedly Close To Buying Competitor Careem
February 28, 2019  |  Partnerships / Acquisitions

Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, according to reports. The deal would help to...

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Go-Jek Enters Thailand As It Expands In Southeast Asia
Go-Jek Enters Thailand As It Expands In Southeast Asia
February 27, 2019  |  International

Go-Jek, the Indonesian ride-hailing company that is a rival to Grab, has launched services in Thailand, reported Reuters. According to a report in Reuters, citing...

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Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
February 21, 2019  |  Ridesharing

Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a test that ran...

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China’s Didi To Take On Uber In Chile, Peru
China’s Didi To Take On Uber In Chile, Peru
February 18, 2019  |  Ridesharing

Didi Chuxing, the Chinese ride-hailing company, wants to take on Uber in Latin America, eyeing Chile, Peru, and Colombia. Reuters, citing job postings and a...

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