Online food delivery spend to more than triple in Southeast Asia by 2025

Grab has released its 2021 Food Delivery Industry Overview report in partnership with Euromonitor International. The report was based on research completed in Q2 2021 and seeks to provide an in-depth view into the food delivery industry over the next five years, including Southeast Asian consumers’ appetite for food delivery services post-COVID-19. Food delivery transactions… Continue reading Online food delivery spend to more than triple in Southeast Asia by 2025

Uber: Uber CEO and CFO to Participate in Keynote at 2021 Goldman Sachs Communacopia Conference

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, and Nelson Chai, CFO, will participate in a keynote at the 2021 Goldman Sachs Communacopia Conference on Tuesday, Sept 21, 2021. Mr. Khosrowshahi and Mr. Chai are scheduled to appear at 1:45pm PT (4:45pm ET). A live webcast of the event will… Continue reading Uber: Uber CEO and CFO to Participate in Keynote at 2021 Goldman Sachs Communacopia Conference

August 23, 2021 CityBus introduces on-demand microtransit service with Via in Lafayette, IN CityBus will begin serving southside Lafayette r…

August 23, 2021 CityBus introduces on-demand microtransit service with Via in Lafayette, IN CityBus will begin serving southside Lafayette residents of Wabash Avenue and Overlook Pointe on Elston Road with CityBus Flex, an on-demand ride service powered by Via. August 23 (Lafeyette, IN)– CityBus will begin serving southside Lafayette residents of Wabash Avenue and Overlook… Continue reading August 23, 2021 CityBus introduces on-demand microtransit service with Via in Lafayette, IN CityBus will begin serving southside Lafayette r…

August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Vi…

August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Via, that riders will be able to utilize for trips within two dedicated zones: Denton and Lewisville/Highland Village GoZones. Aug. 19, 2021 (Denton County, TX) Starting September 7, getting around town is about to get… Continue reading August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Vi…

August 11, 2021 Via and May Mobility announce on-demand autonomous service in Grand Rapids, Michigan

Aug. 11, 2021 (Ann Arbor) — May Mobility, a leader in autonomous vehicle (AV) technology and shuttle operations, in partnership with the City of Grand Rapids, Via, the leader in TransitTech, and Gentex, today announced the launch of an on-demand AV shuttle service in Grand Rapids, Michigan. The expanded, on-demand service began on July 26, 2021, as part of Phase… Continue reading August 11, 2021 Via and May Mobility announce on-demand autonomous service in Grand Rapids, Michigan

Uber: Uber Announces Pricing of $1.5 Billion Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $1.5 billion principal amount of 4.50% Senior Notes due 2029 (the “notes”). The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and… Continue reading Uber: Uber Announces Pricing of $1.5 Billion Senior Notes Offering

Uber: Uber Announces Proposed $1.5 Billion Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $1.5 billion principal amount of Senior Notes due 2029 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $1.5 Billion Senior Notes Offering

Uber: Uber Announces Results for Second Quarter 2021

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2021. Financial Highlights for Second Quarter 2021 Gross Bookings grew 114% year-over-year (“YoY”) to $21.9 billion, or 104% on a constant currency basis, with Mobility Gross Bookings of $8.6 billion (+184% YoY) and Delivery Gross Bookings of $12.9… Continue reading Uber: Uber Announces Results for Second Quarter 2021

Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.

Q1 2021 Adjusted Net Sales reached an all-time high of $507 million and grew 39% year on year. Revenue presented in accordance with IFRS was $216 million, also a record for Grab Quarterly Adjusted EBITDA improved by $233 million year on year to $(111) million Grab has filed a registration statement on Form F-4 with… Continue reading Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.

Uber: Additional research shows Uber’s role in reducing drunk driving nationwide

By: Kristin Smith, Head of Global Road Safety Policy Impaired driving is one of the deadliest crimes in America — approximately one-third of all traffic fatalities involve alcohol. We have seen the impact impaired driving has on communities and how ridesharing can help solve this problem. Last month, the Journal of American Medical Association published… Continue reading Uber: Additional research shows Uber’s role in reducing drunk driving nationwide