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

Ex-Uber CEO Kalanick Offloads $540M In Co Stock
Ex-Uber CEO Kalanick Offloads $540M In Co Stock
November 11, 2019  |  Investments

Travis Kalanick, the former CEO of Uber who was ousted from the ridesharing company after a series of scandals, has offloaded about $500 million of...

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Uber Loses Ground In Latin America To Competitor Didi Chuxing
Uber Loses Ground In Latin America To Competitor Didi Chuxing
November 11, 2019  |  International

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters...

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Uber CEO Says Its Business Is Stronger Than WeWork
Uber CEO Says Its Business Is Stronger Than WeWork
November 06, 2019  |  Ridesharing

At a New York Times DealBook conference on Wednesday (Nov. 6), Uber CEO Dara Khosrowshahi defended the company’s business, saying that it is viable and...

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Uber Nixes $40M Center In Colombia Over Regulatory Concerns
Uber Nixes $40M Center In Colombia Over Regulatory Concerns
October 31, 2019  |  Ridesharing

Uber is not going to build a $40 million safety and support center in Colombia after all, citing regulatory restrictions. Reuters is reporting that the...

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Lyft Looks To New App And Offerings To Gain Profitability
Lyft Looks To New App And Offerings To Gain Profitability
October 31, 2019  |  Earnings

Lyft is looking to new membership plans, new price points and even more scooter service to gain more traction in the ridesharing space and increase...

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Lyft Rolls Out Paid Membership Discount Program
Lyft Rolls Out Paid Membership Discount Program
October 29, 2019  |  Ridesharing

Lyft is rolling out Lyft Pink, a new membership plan for riders looking for discounts on car, bike and scooter rides, the ridesharing firm said...

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Uber Money Wants To Be The Bank Account For Uber Drivers
Uber Money Wants To Be The Bank Account For Uber Drivers
October 28, 2019  |  Payments Innovation

During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and...

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EU’s Vestager: Gig Workforce Should Be Able To Unionize For Better Pay
EU’s Vestager: Gig Workforce Should Be Able To Unionize For Better Pay
October 24, 2019  |  Gig Economy

European Union antitrust chief and Silicon Valley critic Margrethe Vestager said gig economy workers should join forces for better pay, the Financial Times reported on Thursday...

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Uber To Focus On Emerging Markets On The Road To Profitability
Uber To Focus On Emerging Markets On The Road To Profitability
October 22, 2019  |  Ridesharing

Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company....

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