ride-sharing
Uber rival Grab raises $750M led by SoftBank at a $3B valuation
Grab, the largest company rivaling Uber in Southeast Asia, has confirmed that it has raised $750 million in fresh capital. This is the company’s Series F round, and it was…
Grab CEO: Didi victory shows we can beat Uber in Southeast Asia
Didi Chuxing’s proposed acquisition of Uber’s Chinese business hasn’t even been confirmed, but the gravity of the deal — Didi will hold stakes in all of the planet’s top ride-sharing…
Elon Musk’s new master plan catapults Tesla into a new market; car-sharing. While the idea of Tesla car-sharing seems new, it is not the first time the company’s cars, coupled with…
Didi Chuxing adds new safety features, including a passenger SOS button
Didi Chuxing, the taxi booking app that is beating Uber in China, has added a number of safety features to its service including an SOS button for its 300 million…
Why Uber’s Chinese nemesis Didi Chuxing just raised $7 billion more
Sometimes the world of tech news makes you sit back in disbelief and wonder what can happen next. There was once a time, long in the past, when Uber raising…
BlackRock is the latest Uber investor to back its fierce Chinese rival Didi Chuxing
China Life, Asia’s largest insurance firm, isn’t the only Uber investor to double dip and put money into its Chinese rival Didi via its blockbuster $7.2 billion round announced this…
Didi Chuxing completes $7.3B financing round that includes Apple’s $1B investment
Didi Chuxing, the largest ride-hailing app in China, confirmed today that it has closed a $7.3 billion financing round that includes its recent investments from Apple and China Life. The…
Insurance firm China Life puts $600M into Didi Chuxing months after backing Uber
Can’t beat ’em, join ’em. That appears to be the motto of China Life, Asia Pacific highest valued insurance firm, after it backed Chinese taxi app Didi Chuxing barely months…
Uber is testing a loyalty program that rewards riders with free trips
Uber sent an email to LA riders yesterday announcing they are doing a temporary promotion that looks very much like a loyalty program. Each UberBLACK ride taken will give riders…
Google-owned navigation app Waze is expanding its ride-sharing ambitions with the launch of a pilot program in the San Francisco Bay area which will allow employees of select companies to…
Apple invests $1B in Didi Chuxing, China’s largest ride-hailing app
Apple made the bombshell announcement today that it has invested $1 billion in China’s top ride hailing app. Didi Chuxing (formerly called Didi Kuaidi) is often described in U.S. media…
Uber says that 20% of its rides globally are now on UberPool
Uber, the world’s biggest unicorn, got its start as a limo service that typically cost more than traditional taxi services. But as Uber looks to add an ever more mainstream…
India’s Jugnoo wraps up $10M Series B for ‘Uber for auto-rickshaws’ service
Jugnoo, a startup that provides an Uber-like service for auto-rickshaws in India, has closed out its Series B round having raised a total of $10 million. Investors included Snow Leopard,…
Uber shared 14 million users’ info with the government, transparency report says
Uber released its first-ever transparency report today, following in the footsteps of other major technology companies and detailing the kinds of information it shares about riders and drivers with the…
Uber agrees to pay up to $25M for misleading customers in California over its safety
Uber has agreed to pay up to $25 million to California-based prosecutors to settle a case in which the ride sharing giant is accused of misleading consumers around the safety…
Uber announces a more immersive ‘Ride Request’ option for third-party apps
Uber added a ride request button to let third-party apps add the ability to order a ride last year, but today it has introduced a more feature-rich option that it…
Indian ride-hailing app Ola acquires mobile payment startup Qarth to expand Ola Money
After launching a standalone app for Ola Money in November last year, Indian transportation app Ola has made an acquisition to double down on its mobile wallet and payments business: the…
Lyft, Cabify, 99Taxis & Others To Integrate Waze’s Routing Software In Their Own Apps
Waze, the popular Google-owned navigation app that helps drivers route around traffic and alerts them to other road hazards in real-time, is today announcing partnerships with half a dozen companies…
Ride Sharing Will Give Us Back Our Cities
Uber, Lyft and other ride-hailing services have been with us for several years now. What began as a convenient novelty to replace traditional taxi and limo services soon became a…
After raising a massive $100 million round last summer, BlaBlaCar is opening its first market outside of Europe with India — if you count Turkey and Russia as part of…
Meet Heetch, a French ride-sharing app with a twist. Instead of going head-to-head against Uber, Chauffeur-Privé or LeCab in Paris, the company is operating a ride-sharing service that only works at…
Uber Accelerates In Europe As Incumbent Powers Stamp Their Feet
As many European countries see protests of scale against the popular, and controversial-to-some, ride-share service Uber, the company is seeing massive interest in its offerings. Media coverage of the strike…
New Ride-Sharing App Hitch Tries To Pair You With A Driver… And Other Passengers
Hitch is a new on-demand ride-sharing app that hopes to compete on price by using a smart logistics engine to maximize the number of passengers it can get in a…
Carpooling Startup Carma Launches API, Offers $2.5M For Developers To Drive Ride-Sharing Adoption
Since 2007, Sean O’Sullivan’s SOSventures has been investing in Carma (formerly Avego) to promote carpooling in various markets throughout the world. Now, the firm is looking to invest in the…
Now that TechCrunch has launched galleries I’m thinking of lining one up to illustrate the proliferation of on-demand car services/taxi apps in Europe. Earlier today there was Estonia’s Taxify. And…
After Raising $10M From USV, SideCar Pivots To Offer A Ride-sharing Marketplace
Peer-to-peer ride-sharing startup SideCar is releasing a brand new version of its app for both passengers and drivers, which will provide more flexibility for drivers and more choice for passengers.…
Lyft Announces Rideshare Insurance Coalition And Additional Coverage For Its Drivers
Lyft is seeking to combat questions about insurance and liability today, with the introduction of a new Peer-to-Peer Rideshare Insurance Coalition, as well as the announcement that it will be…
Fair Competition Or Foul Play? Rival Car Service Fires Back At Uber Over Alleged Attack
If we’ve said it once, we’ll say it again: Competition can get pretty fierce in the world of on-demand transportation. Consumer demand for better, faster and more convenient car services…
Lyft Is Expanding Its Ride-Sharing Service To Silicon Valley
Ride-sharing startup Lyft has been on a mission to make its mobile ride app available in various markets around the country, recently launching service in places like Dallas, Indianapolis, and…
Uber Strikes Back Against The Competition By Offering Free uberX Rides In New Lyft Markets
Just last week, ride-sharing startup Lyft announced that it was entering three new cities, launching in Indianapolis, St. Paul, and Atlanta ahead of the holiday weekend. Well, local incumbent Uber…
