ride-sharing

‘This is Your Life in Silicon Valley’: NYT’s Mike Isaac discusses his upcoming Uber book, Leaks from Facebook and More

Welcome to this week’s transcribed edition of This is Your Life in Silicon Valley. We’re running an experiment for Extra Crunch members that puts This is Your Life in Silicon Valley in words – s

Talk Lyft’s stock market debut with TechCrunch writers

After much anticipation, Lyft stock hit the public markets last week, with a nearly 10% pop on its first day of trading. However, concerns over the company’s lofty valuation, deep losses and uncer

Lyft pops 21% on its first day of trading on Nasdaq after raising $2.2B in its IPO at a $24B valuation

Ride-hailing startup Lyft may bear the distinction of having highest net loss of any maiden public company ever going public, but despite that, it made its debut in a high gear this morning. Trading

Lyft sets $62-68 price range for its IPO to raise up to $2.1B, will trade as LYFT on Nasdaq

Ridesharing startup Lyft, as expected, announced this morning that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in the next two weeks. Around that,

Lyft is launching a rider loyalty program in December

Ridesharing service Lyft is today announcing its new plan to encourage repeat use: the launch of Lyft Rewards, a loyalty program for riders. The program, which will begin rolling out next month to sel

Ola raises $50M at a $4.3B valuation from two Chinese funds

Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private equity firm, and the China-Eurasian Economic Cooperati

Uber appoints Coca-Cola veteran Rebecca Messina as its chief marketing officer

Uber announced today that it has hired Coca-Cola veteran Rebecca Messina to serve as its chief marketing officer. Messina is the first person to hold that title at Uber and will work with its internat

Rideshare companies offered New York $100M to drop proposed regulations

Lyft, Uber and Via yesterday made an offer to succor New York City's beleaguered taxi medallion owners: a $100M relief fund paid over five years to cover the plight of these poor souls. But the city,

Bus-sharing app Shuttl gets $11M Series B from investors including Amazon India

Shuttl, a service that lets Indian city dwellers find seats on multiple bus routes through one app, announced today that it has raised a $11 million Series B led by Amazon India, Amazon Alexa Fund and

Didi will resume late night Hitch rides, but only allow drivers to pick up passengers of the same sex

Didi Chuxing’s inter-city carpooling service will resume night operations on a limited basis about a month after a female passenger was allegedly murdered by an unregistered driver who accessed the

Uber applies for patent that would detect drunk passengers

While Uber has changed the way that many think about transportation, it’s also changed the way that many drunk people find their way home at night. Rather than haphazardly hailing a cab or drivi

MIT to revisit ride-sharing study after Uber rebuttal

The lead academic behind an MIT CEEPR research paper which casts doubt on the sustainability of driving for Uber or Lyft has accepted Uber’s criticism of how driver income data was gathered and

Waze Carpool’s new app lets riders get more choosy about their drivers

Waze’s carpooling app for commuters is relaunching with a number of new features designed to make it easier and safer to use. The company says it will now allow people to choose their shared ri

Chariot co-founder and CEO Ali Vahabzadeh left Ford at the beginning of February

As automakers continue to work on their strategies for the next generation of transportation, one of the biggies is making a change to its leadership structure. Ali Vahabzadeh, the CEO and co-founder

London sets out safety-first plan for regulating ride-sharing

After London sent ripple's of shock through Silicon Valley last year, by denying Uber a renewal of its private hire vehicle license, the city's transport regulator is doubling down on its scrutiny of

Uber launches a new lower-priced service called Chap Chap in Nairobi

Uber has launched a new, lower-cost service in Nairobi called Uber Chap Chap. Made possible by using a fleet of fuel-efficient budget sedans, Uber Chap Chap (Swahili slang for "hurry, hurry") is curre

Heetch raises another $20 million to compete head-to-head with Uber in Europe

French startup Heetch has an ambitious goal. The company wants to become the second ride-sharing service in France and in the other European countries where it operates. The startup just raised $20 mi

Former employees say Lyft staffers spied on passengers

Similar to Uber's "God View" scandal, Lyft staffers have been abusing customer insight software to view the personal contact info and ride history of the startup's passengers. One source that formerly

Lyft Concierge, its ride-booking service for businesses, opens to all

Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in

Passport, the technology business for city transit systems, raises $43 million

Passport, company that's managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The
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