Didi confirms it has acquired 99 in Brazil to expand in Latin America

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

Report: China’s Didi to buy Brazil’s 99 in $1B deal to take on Latin America

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

Heetch raises $12 million to reboot its ridesharing service

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

Zūm raises $5.5 million to pick your kids up from school

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"

Can Didi out-network Uber to win the global ridesharing market?

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

$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy

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 adds Brazil’s 99 to its ridesharing portfolio with a $100 million investment

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.

Done with Uber? Here are some alternatives

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 losses expected to hit $3 billion in 2016 despite revenue growth

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

Nine requirements for a successful private ridesharing system

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

There’s more than one way to share your car

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

The insurance impact of self-driving cars and shared mobility

“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 partners with Brookdale to bring on-demand rides to senior communities

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

Uber, Lyft hit with injunction in Philadelphia (updated)

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

Tesla’s best-laid plans will have a challenge in convergence

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

Uber has completed 2 billion rides

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

NYC Taxis are still giving twice as many rides as Uber

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 police are now impounding drivers in the peer-to-peer ridesharing group

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

How a 30K-member Facebook group filled the void left by Uber and Lyft in Austin

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 

Uber intros ‘pause,’ discounts, and other quality-of-life features on new driver-focused blog

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.
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