SAN FRANCISCO & DUBAI–(BUSINESS WIRE)–Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made… Continue reading Uber: Uber Completes Acquisition of Careem
Category: Mobility Companies
Grab and Singtel partner for Singapore digital banking licence
Grab Holdings Inc, Southeast Asia’s leading super app, and Singtel, Asia’s leading communications technology group, are forming a consortium to apply for a digital full bank licence in Singapore. Grab will have a 60 percent stake in the consortium entity while Singtel will hold a 40 percent stake. Singapore, [30 December 2019] – Grab Holdings… Continue reading Grab and Singtel partner for Singapore digital banking licence
Uber: Travis Kalanick to Depart Uber Board of Directors
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Travis Kalanick will resign from the company’s Board of Directors, effective December 31, 2019, to focus on his new business and philanthropic endeavors. “Very few entrepreneurs have built something as profound as Travis Kalanick did with Uber. I’m enormously grateful for Travis’ vision and tenacity… Continue reading Uber: Travis Kalanick to Depart Uber Board of Directors
Lyft: Lyft Supports Local Nonprofits With More Than $160,000 in Transportation Grants
Local nonprofits work hard year-round to improve lives in their communities — often without the funding larger organizations have. To recognize the contributions of local nonprofits and ease transportation barriers they face, we award grants in the form of Lyft ride credit to a variety of local nonprofits each quarter. Congratulations to all of the… Continue reading Lyft: Lyft Supports Local Nonprofits With More Than $160,000 in Transportation Grants
Lyft: Lyft Now Conducts Nationwide Continuous Driving Record Screening
We want every Lyft ride to be safe for everyone in the car. That’s why we hold all members of our community to a high standard of conduct. Criminal background and DMV checks are a fundamental part of our approach to safety. We require all drivers to pass rigorous, professionally administered screenings before they can… Continue reading Lyft: Lyft Now Conducts Nationwide Continuous Driving Record Screening
Lyft: Your PHX pickup and drop-offs are changing
HELLO, PHX Rides at Sky Harbor are changing Lyft and the Phoenix City Council have been in discussions on a proposed fee increase at Sky Harbor Airport. Despite our high hopes to reach an equitable compromise, negotiations have stalled. This will not have an immediate impact on pickups or drop-offs at the Airport. However, we… Continue reading Lyft: Your PHX pickup and drop-offs are changing
Lyft: Introducing Lyft Rentals
We’re building the future of transportation into one app to minimize the need for personal car ownership. You shouldn’t have to own a car to get around (or to get out of) your city. But sometimes you need a car to go longer distances. That’s why we’ve launched Lyft Rentals in select cities. Last year… Continue reading Lyft: Introducing Lyft Rentals
Lyft: Self-Driving Research in Review: CoRL 2019
By: Peter Ondruska, Head of AV Research; and Guido Zuidhof, Software Engineer Conference on Robot Learning (CoRL) is a relatively new conference focused on the intersection of robotics and modern machine learning. Its 3rd edition was held in Osaka, Japan at the beginning of November. Read on for a summary of the most relevant papers to… Continue reading Lyft: Self-Driving Research in Review: CoRL 2019
Lyft: Designing the Decision-making Center of an Autonomous Vehicle
By: Alan Agon, Product Manager; Sammy Omari, Engineering Manager; and Sameer Qureshi, Director, Product Management The current benchmark for driving Imagine you’re driving down the freeway, and you see a car cutting across multiple lanes to make the upcoming exit. You move your foot from the accelerator to the brake and slow down slightly in anticipation.… Continue reading Lyft: Designing the Decision-making Center of an Autonomous Vehicle
GrabFood Unveils Safety Initiatives for Delivery-Partners Switching to Bicycles and Power Assisted Bicycles
GrabFood is conducting the “Safe Riding on Pedal and Power-Assisted Bicycle (PABs)” course as part of the Delivery Rider Kit training programme, in partnership with NTUC’s U FSE, NTUC’s e2i, NTUC LearningHub, SkillsFuture Singapore and WorkForce Singapore. GrabFood is conducting the “Safe Riding on Pedal and Power-Assisted Bicycle (PABs)” course as part of the Delivery… Continue reading GrabFood Unveils Safety Initiatives for Delivery-Partners Switching to Bicycles and Power Assisted Bicycles