PYMNTS-MonitorEdge-May-2024

ride-hailing

Careem To Launch Food Delivery Service, Complete $500M Funding Round
Careem To Launch Food Delivery Service, Complete $500M Funding Round
December 17, 2018  |  International

Middle East-based ride-hailing company Careem is expanding its business into a delivery service, a tech outlet reported. The company, which is in direct competition with...

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Yamaha Invests $150M In Grab’s Motorcycle Service
Yamaha Invests $150M In Grab’s Motorcycle Service
December 13, 2018  |  Investments

Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber in the region,...

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How Might NYC’s New Ride-Hailing Minimum Wage Change Things?
How Might NYC’s New Ride-Hailing Minimum Wage Change Things?
December 05, 2018  |  Ridesharing

The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the...

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Uber Eats’ ‘Specials’ Allows Restaurants To Bundle Food Discounts
Uber Eats’ ‘Specials’ Allows Restaurants To Bundle Food Discounts
December 05, 2018  |  Delivery

Uber Eats is allowing restaurants in India to bundle several food items together at a discounted price in exchange for placement in a featured section...

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GO-JEK Rolls Into Singapore
GO-JEK Rolls Into Singapore
November 29, 2018  |  Ridesharing

Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on rival Grab. According...

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Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach
Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach
November 27, 2018  |  Regulation

Uber was hit with a fine by U.K. and Dutch regulators on Tuesday (Nov. 27) for the data breach in 2016 that impacted millions of...

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Careem Aims To Raise As Much As $200M From Chinese Investors
Careem Aims To Raise As Much As $200M From Chinese Investors
November 20, 2018  |  Investments

Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. According to a report...

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