Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

Blacklane To Take On Uber, Lyft In Short-Range Trips
Blacklane To Take On Uber, Lyft In Short-Range Trips
February 28, 2021  |  Ridesharing

Berlin-based chauffeur service Blacklane is directly challenging Uber and Lyft in the short-distance passenger trip business, beginning Monday (March 1) in New York City, The...

READ MORE >
Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service To Europe
Today In Payments Around The World: RecargaPay Lands $70 Million; Didi Plans To Bring Service...
February 25, 2021  |  International

In today’s top payments news around the world, RecargaPay has notched $70 million in a Series C funding round to expand its payments platform, while...

READ MORE >
Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
February 24, 2021  |  Ridesharing

Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” The move could boost...

READ MORE >
Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
Lyft Plays It Safe In Q4 Earnings, Holds Back On Expansion 
February 10, 2021  |  Earnings

While its rival Uber continues to diversify, Lyft is playing it safe as the pandemic continues to hobble travel and mobility. The company announced its...

READ MORE >
Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir Arrives In London
Today In Payments Around The World: Singapore’s Grab Obtains $2 Billion Loan Facility; Turkey’s Getir...
February 01, 2021  |  News

In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it...

READ MORE >
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021  |  ANTITRUST

Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan....

READ MORE >
China’s Didi Chuxing Lands $300 Million For Driverless Cars
China’s Didi Chuxing Lands $300 Million For Driverless Cars
January 28, 2021  |  Investments

Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, adding to the $500 million the company raised in May, according...

READ MORE >
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To Become International Player
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To...
January 27, 2021  |  International

In today’s top payments news around the world, Klook has closed a Series E funding round headed up by Aspex Management, while Gojek is aiming...

READ MORE >
Indonesian FinTech Gojek Seeks To Become Global Player
Indonesian FinTech Gojek Seeks To Become Global Player
January 27, 2021  |  International

Indonesia’s Gojek is seeking to expand its ridesharing and digital payments business throughout Southeast Asia and beyond. “One of our primary focuses for 2021 is...

READ MORE >