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

Uber Losses Trigger $228M Write-Off At PayPal
Uber Losses Trigger $228M Write-Off At PayPal
October 09, 2019  |  Investments

PayPal lost $228 million in the third quarter partially due to Uber’s failure to make money, Bloomberg reported on Tuesday (Oct. 8). PayPal’s $500 million...

READ MORE >
SoftBank CEO Not Satisfied With Firm’s Growth
SoftBank CEO Not Satisfied With Firm’s Growth
October 08, 2019  |  Investments

So far, the CEO of SoftBank Group Corp. isn’t impressed with his accomplishments at his company. “The results still have a long way to go, and...

READ MORE >
Uber Offers Helicopter Rides For JFK Passengers
Uber Offers Helicopter Rides For JFK Passengers
October 03, 2019  |  Innovation

Ride-hailing app Uber said users will soon be able to fly to and from Lower Manhattan in New York and John F. Kennedy International Airport...

READ MORE >
Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
October 02, 2019  |  Partnerships / Acquisitions

Uber coughed up over $3 billion to get its hands on Dubai’s ride-hailing startup Careem, the Financial Times reported on Wednesday (Oct. 2). Founded in...

READ MORE >
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
October 01, 2019  |  Ridesharing

Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed down...

READ MORE >
Uber Turns App Into ‘Everyday Operating System’
Uber Turns App Into ‘Everyday Operating System’
September 26, 2019  |  Mobile Applications

Uber’s apps are getting a makeover – and a bit of a merger. To that end, Uber said at an event on Thursday (Sept. 26)...

READ MORE >
CA Gig Workers Split On Impact Of New Classification Law
CA Gig Workers Split On Impact Of New Classification Law
September 23, 2019  |  Gig Economy

California Gov. Gavin Newsom signed into law a controversial bill that could reclassify ridesharing and other gig economy workers as employees instead of independent contractors,...

READ MORE >
How Dogs And Cats Are Pushing More Retail Innovation
How Dogs And Cats Are Pushing More Retail Innovation
September 20, 2019  |  Retail

Whether you are a dog or cat person – or prefer another animal – pets are big business, and they are helping to drive innovation in...

READ MORE >
A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges
A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges
September 18, 2019  |  Ridesharing

Optimism can be so fleeting and fragile, especially when it comes to revenue, growth and profit. That’s one lesson to consider today in reading coverage...

READ MORE >