carsharing

Getaround aims to scale car-sharing platform with HyreCar acquisition

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of ru

Otter.ai challenger Airgram raises $10M to transcribe and time your video calls

There’re plenty of tools out there competing to help people make their video calls breezier. Some, like voice transcription service Otter.ai, have been getting a boost from the COVID-19 pandemic

China’s $1B fine on Didi could end the mobility giant’s troubled year

Didi, the Chinese ride-hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country’s authorities, The Wall Street Jour

Didi’s delisting now done deal

Chinese ride-hailing giant Didi has voted to delist from the U.S. stock market, a long-expected result of Didi finding itself in hot water with the Chinese government after a troubled U.S. debut.

Turo’s S-1 filing shows that unicorns can slingshot out of the pandemic

The Turo income statement, once we beat back some non-cash costs muddying its bottom line, has me impressed.

China’s ride-hailing giant is delisting from the New York Stock Exchange

China’s ride-hailing behemoth Didi has begun the procedure of delisting from the New York Stock Exchange and applying to list in Hong Kong instead, the company announced via a Weibo post on Frid

Didi expands, inDriver monetizes to rival Uber, Bolt in Africa

The on-demand transport space in Africa has evolved since San Francisco-based ride-hailing firm Uber first set up operations in South Africa in 2013, setting the stage for its foray across the contine

Yummy bags $18M as its expands delivery app across Latin America

Yummy plans to have 50 active dark stores in both Peru and Chile by the end of 2022, touting that it will be able to deliver over 2,000 products in less than 15 minutes.

Peer-to-peer car rental startup Getaround fined nearly $1M by DC’s attorney general

Getaround was fined nearly $1 million by the Washington, D.C. Office of the attorney general for operating without a license and other violations, part of a settlement of what the peer-to-peer car ren

Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B

Didi filed to go public in the United States last night, providing a look into how the Chinese ride-hailing company's business weathered the pandemic.

SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ridesharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose th

Getaround raises a $140 million Series E amid rebound in short-distance travel

Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars near them

Malaysian on-demand work platform GoGet lands $2 million Series A

GoGet, a Malaysian on-demand work platform, announced today that it has raised a $2 million Series A led by Monk’s Hill Ventures. The platform currently has 20,000 gig workers, who are called &#

SoftBank led $500M investment in Didi in China’s biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced on Friday an outsized investment of over $500 million in its freshly minted autonomous driving su

Uber subsidiary Careem to slash workforce by 31%, suspends bus transport app

Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its workforce by 31% and suspending its mass transportation business due to affects from the C

GM exits car-sharing business and shuts down Maven

GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19

Autofleet raises $7.5M to help fleets put idle vehicles into drive

On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impo

Maniv Mobility General Partner Olaf Sakkers is coming to TC Sessions: Mobility

In case you haven’t heard, TC Sessions: Mobility is back for a second year. This one-day event, which will be held May 14 in San Jose, promises to feature some of the best and brightest engineer

Uber reports a sharp rise in government demands for user data

Uber says the number of legal demands for riders’ data made by U.S. and Canadian authorities has risen sharply in the past year. The ride-hailing company said the number of law enforcement deman

Bolt Bikes launches e-bike subscription platform for gig delivery workers in US, UK

Bolt Bikes, the Sydney, Australia-based startup founded in 2017, is taking to the U.S. and U.K. its electric bike platform designed for gig economy delivery workers. The company is expanding on the he
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