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

Lyft Lets Commuters Cap Prices With New Subscription
Lyft Lets Commuters Cap Prices With New Subscription
September 04, 2024  |  Ridesharing

Lyft has debuted a new feature designed to help commuters stay within budget. “To make your day more predictable, we’re launching price lock, a new...

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Lyft Launches Earned Wage Access Offering and Pet Rides Feature
Lyft Launches Earned Wage Access Offering and Pet Rides Feature
August 27, 2024  |  Gig Economy

Lyft expanded its offerings with earned wage access for drivers and a new service for pet owners. The earned wage access offering is one of...

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Uber Fined $324 Million for EU Data Protection Breach
Uber Fined $324 Million for EU Data Protection Breach
August 26, 2024  |  Regulation

Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection...

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Grab Sees Strong Banking Growth From Digitally-Engaged Singapore
Grab Sees Strong Banking Growth From Digitally-Engaged Singapore
August 15, 2024  |  Earnings

Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved...

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Lyft Launches Price Lock Subscription Amid Surge in Ridership
Lyft Launches Price Lock Subscription Amid Surge in Ridership
August 07, 2024  |  Earnings

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record...

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Uber: 35% of Customers Use Multiple Services and Spend Three Times More
Uber: 35% of Customers Use Multiple Services and Spend Three Times More
August 06, 2024  |  Earnings

Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company’s earnings report released Tuesday (Aug. 6)....

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Lyft President Kristin Sverchek to Leave Company After 12 Years
Lyft President Kristin Sverchek to Leave Company After 12 Years
July 23, 2024  |  Ridesharing

Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Sverchek will serve...

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OCN Raises $86 Million to Expand Gig Worker Platform
OCN Raises $86 Million to Expand Gig Worker Platform
July 15, 2024  |  Investments

OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in...

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Uber to Add Boat Options in European Tourist Destinations
Uber to Add Boat Options in European Tourist Destinations
July 02, 2024  |  Ridesharing

At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several...

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