Earlier today, we reported that Didi was in the process of acquiring 99, a ridesharing company in Brazil, and now the two companies have confirmed the deal as part of Didi’s plans to expand its
A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market. Now, on the heels of getting a
French startup Heetch has been around for quite a few years. Although things were running smoothly, the company had to start over mostly from scratch. In March 2017, a court in Paris ruled that Heetch
Busy parents could benefit a lot from ridesharing, but they can't send their children alone in an Uber until they are 18 years old. That's why several startups are trying to build an "Uber for kids"
News from the ridesharing industry seems to come in one of two flavors. There’s salacious coverage of the cultural and leadership woes of the industry’s reigning champion, Uber. And, every month o
When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47
SoftBank, known for investing in ridesharing apps that aren’t Uber, has added another startup to its list. This time it's a $100 million bet on 99, the largest ridesharing company in Brazil.
I have to admit I’m pretty reliant on Uber . With a sub par public transportation system, the ridesharing app makes it significantly easier to find my way around San Francisco. Apart from the
Uber’s losses are growing from $2.2 billion last year to an expected $3 billion this year, according to multiple reports this week from The Information and others. It’s hard to fathom Ube
The future of urban mobility is rapidly changing as drivers look for safer and more effortless ways to move from point A to point B. While autonomous vehicles are on the horizon, ridesharing options a
Over the past several years, the popularity of “sharing economy” models has skyrocketed. The key to success has been finding a category with high demand but low capacity utilization, then relentle
“We’re going to see more change in the next five to 10 years than we’ve seen in the last 50,” said Mary Barra, CEO of General Motors, on record. While that statement is now a year old, it cont
Lyft has struck a landmark partnership with one of the largest operators of senior living facilities in the U.S., Brookdale Senior Living. Through this partnership, Brookdale residents will be able to
Ride-sharing apps' rumble with regulation keeps on clocking up the mileage... Both Uber and Lyft have been hit with a court injunction banning their activity in Philadelphia, following complaints by t
Driverless cars and ridesharing are poised to bring about the next big tectonic movement that technology provides for the human experience. In much the same way that the mobile phone has transformed t
It took Uber six years to complete a billion rides around Christmas 2015. Now, just six months later, the company has announced that they have completed their two-billionth ride. Six months is 180 da
After last summer’s vicious fight between Uber and the City of New York there hasn’t been much talk about the state of ridesharing in the Big Apple. But today a research report from Morgan
Austin’s transportation saga just keeps getting more interesting. Last week, we wrote about a 30,000 member Facebook group that had formed in Austin to help facilitate ride requests in the abs
Exactly a month ago, Uber and Lyft paused operations in Austin after voters defeated Proposition 1, an attempt to overturn mandatory fingerprint-based background checks for Uber and Lyft drivers in
The debut post on Uber's new driver-focused "Behind the Wheel" blog brings with it several features those very drivers may find useful — especially when clocking out.