Ride Hailing Service news and trends

Uber Bans 240 Mexican Passengers As Coronavirus Precaution
International // February 03, 2020

Approximately 240 Uber users in Mexico can’t use the service now, their accounts suspended by the parent company after concerns over the coronavirus contamination. According to a statement posted to Uber’s Mexican Twitter account, the Uber customers suspended were confirmed to have traveled with two...

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Taxi Medallion Loans Sold To Distressed Asset Manager For $350M

February 20, 2020
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb. 19). The National Credit Union Administration said Wednesday that it had sold most of its medallion loan portfolio to Marblegate. Neither Marblegate nor the federal regulator gave details on the exact […]

Uber Bans 240 Mexican Passengers As Coronavirus Precaution

February 03, 2020
Approximately 240 Uber users in Mexico can’t use the service now, their accounts suspended by the parent company after concerns over the coronavirus contamination. According to a statement posted to...