PYMNTS-MonitorEdge-May-2024

Ride-Sharing

GM: Nationwide Effort Could Result In 7M Electric Vehicles
GM: Nationwide Effort Could Result In 7M Electric Vehicles
October 26, 2018  |  Innovation

To get more electric vehicles on the road, General Motors wants the Trump administration to get behind an effort to increase the sale of electric...

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Five At Five: Square’s New Payments Program
Five At Five: Square’s New Payments Program
October 05, 2018  |  News

Welcome to Five at Five,  your late look the day’s payments and commerce news. Today’s coverage includes a look at Square’s newest merchant offering, along...

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Uber Launching Taxi-Hailing Service In Nagoya
Uber Launching Taxi-Hailing Service In Nagoya
September 06, 2018  |  Ridesharing

Uber Technologies, the ride-hailing startup, announced on Thursday (Sept. 6) that it is launching a taxi-hailing app in Nagoya as it aims to expand in...

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Lyft Plans to Buy a Bike-Sharing Company
Lyft Plans to Buy a Bike-Sharing Company
June 04, 2018  |  Ridesharing

Lyft will buy the bike-sharing company Motivate, according to report in The Information. The potential deal follows a similar move by Uber in April. Motivate...

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Uber And Lyft Gave 65 Percent More Rides Than Taxis In New York
Uber And Lyft Gave 65 Percent More Rides Than Taxis In New York
March 16, 2018  |  Ridesharing

New data shows that Uber and Lyft are becoming more popular than yellow and green cabs in New York City. Analysis of data from the...

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China’s Didi Buys Uber’s Biggest Latin American Competitor
China’s Didi Buys Uber’s Biggest Latin American Competitor
January 04, 2018  |  Ridesharing

One of Uber’s ridesharing rivals, China’s Didi Chuxing, has acquired Brazilian startup 99, reportedly for around $1 billion. According to TechCrunch, the news comes after...

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EU Court To Rule On Uber’s Status This Week
EU Court To Rule On Uber’s Status This Week
December 19, 2017  |  Ridesharing

A European Union court is slated to decide later this week if ridesharing firm Uber is a digital company or one that provides transport services....

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Uber and Yandex Merger Gets Nod From Russian Regulators
Uber and Yandex Merger Gets Nod From Russian Regulators
November 27, 2017  |  Partnerships / Acquisitions

Uber and Yandex’s ride-sharing businesses got the nod on Friday (Nov. 24) to merge operations in Russia. Reuters reported that Russia’s Federal Antimonopoly Service (FAS)...

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Uber To Buy Up To 24K Autonomous Vehicles From Volvo
Uber To Buy Up To 24K Autonomous Vehicles From Volvo
November 21, 2017  |  Partnerships / Acquisitions

Volvo, the vehicle manufacturer, announced Monday (Nov. 20) that it inked a deal with Uber, the ride-hailing app company, to sell it tens of thousands...

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