Ride Hailing

Platform News: Ride-hailing app Uber Technologies

Uber widens taxi app to Japan’s Tokyo but ride-sharing still barred

Uber Technologies launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three domestic taxi firms, even as strict regulations block its popular ride...

Moscow Skyline

Yandex goes after full control of taxi business as ride-hailing bounces back

Russian internet giant Yandex is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber which returned to pre-pandemic growth levels i...

Platform News: Japan's SoftBank

SoftBank-backed ride-hailing firm Grab announces layoffs

Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.

Uber CEO

How Uber Technologies hailed a deal with Grubhub only to let it slip

Uber’s CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc ended with the food delivery com...

Ride Hailing

How ride-hailers around the world are coping with the virus pummelling

Battered by significant restrictions in movement and the ongoing lockdowns caused by the coronavirus pandemic, ride-hailing companies across the world are being forced to cut back ...

Platform News: Facebook and WhatsApp messaging service

WhatsApp and PayPal invest in Indonesian super app Gojek

Facebook messaging platform WhatsApp and PayPal Holdings have said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm&#...

Platform News: Lyft ride-hailing app is part of the sharing economy

Lyft says May rides jump 26% from prior month, but down 70% YoY

Ride-hailing firm Lyft has said that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have bee...

Platform News: Uber Technologies app

Uber launches hourly ride booking option in some US cities

Uber Technologies has said it would offer rides by the hour in some US cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.

Platform Industry News: Ride-sharing driver

Uber customer claims company won price-fixing suit because arbitrator was scared

An Uber customer asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s favou...

OLA Indian ride-hailing

SoftBank-backed Ola follows Uber with job cuts as revenue sinks

Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company CEO B...

Platform News: Lyft ride-hailing app is part of the sharing economy

Lyft to require passengers and drivers to wear masks

Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each ride that they are not displaying symptoms...

Platform News: Uber Technologies app

Uber offers discounted trips to 2.5 million health and care workers in the UK

Uber is offering discounted journeys to health and care workers in the UK, as it extends the scope of a service set up in Madrid last month to cover more than 4 million frontline w...

Platform Industry News: Ride-sharing driver

Didi Chuxing’s CEO aims for 800 million active users by 2022

Didi Chuxing, China’s largest ride-hailing firm which counts SoftBank as an investor, aims to complete 100 million orders a day and have 800 million monthly active users glob...

Uber CEO

Uber expects up to $2.2 billion charge, drop in quarterly revenue due to COVID-19

Uber Technologies has said that it expects an impairment charge of up to $2.2 billion in the first quarter due to the COVID-19 pandemic and its revenue to decline by $17 million to...

Platform News: Sharing Economy COVID-19 pandemic

Uber to start shipping car disinfectants to drivers

Uber Technologies will begin shipping disinfecting car spray to selected drivers in areas most affected by the coronavirus outbreak, an executive said on Thursday.