SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2019. “Our results this quarter decisively demonstrate the growing profitability of our Rides segment,” said Dara Khosrowshahi, CEO. “Rides Adjusted EBITDA is up 52% year-over-year and now more than covers our corporate overhead. Revenue growth and take rates… Continue reading Uber Announces Results for Third Quarter 2019
Category: Mobility Companies
Lyft Announces Record Third Quarter Results
Third quarter revenue grew to $956 million, up 63% year-over-yearRaising outlook for fiscal 2019 SAN FRANCISCO, Oct. 30, 2019 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2019. “Our third quarter results demonstrated the significant progress Lyft has made on our path to profitability. Record revenue… Continue reading Lyft Announces Record Third Quarter Results
Lyft Hires New Head of Data Privacy
As Lyft continues to grow, so does our world-class executive team! We’re excited to announce that Google’s Chrissie Kawasaki has joined Lyft as Head of Data Privacy. In her new role, Chrissie will lead efforts to scale Lyft’s privacy program as the company continues its rapid growth, while ensuring that we always take excellent care… Continue reading Lyft Hires New Head of Data Privacy
Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
By: Chan Lieu, Sr. Safety Program Analyst Uber ATG is pleased to announce the creation of our Self-Driving Safety and Responsibility Advisory (SARA) Board. The SARA Board is an independent panel of safety experts charged with reviewing, advising, and suggesting changes to Uber ATG’s self-driving enterprise, including inputs on organizational goals and priorities. We believe… Continue reading Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
Introducing Lyft Pink: A Membership That Unlocks More
Lyft is committed to improving people’s lives with the world’s best transportation. We believe cities should be built for and around people, not cars — that means fundamentally changing the way people think about getting around their cities. We’re shifting from personal car ownership and moving society toward transportation as a service — and Lyft… Continue reading Introducing Lyft Pink: A Membership That Unlocks More
A 100x Investment (Part 2)
So I sat down to write part 2, and at first it was exactly what you’d expect. Copying and pasting the titles, “Don’t hand engineer feature spaces”, “Really, your hand engineered feature space won’t work”, “If you need a map for safety, you will fail”, “Level 4 or bust is stupid” etc. But then I… Continue reading A 100x Investment (Part 2)
Beyond the Numbers: Lyft’s 2019 Inclusion and Diversity Report
At Lyft, inclusion and diversity are at the core of Lyft’s principles, how we make decisions, how we build our teams, and how we serve our communities. Making sustained progress requires clear strategies, metrics that matter, inclusive culture, and leadership that will hold everyone accountable to do their part to retain, hire, develop, and advance… Continue reading Beyond the Numbers: Lyft’s 2019 Inclusion and Diversity Report
Cooee Busways Integrates On-Demand Transport with Australia’s New Multi-Modal ‘Opal Connect’ Platform
October 22, 2019 7:08 PM
Cooee Busways Integrates On-Demand Transport with Australia’s New Multi-Modal ‘Opal Connect’ Platform
Cooee Busways riders can now pay using Opal Connect, making Via one of the first technology providers to integrate with TfNSW’s new account-based ticketing system.
October 22, 2019 (SYDNEY) — Via, the world’s leading provider and developer of public mobility solutions, today announced the on-demand transport service Cooee Busways is officially one of the first demand-responsive transportation providers in Australia to fully integrate with Opal Connect, a new account-based ticketing system by Transport for New South Wales (TfNSW).
In partnership with leading Australian transportation provider Busways, Cooee provides first- and last- mile connections to three Sydney Metro public transportation hubs and the local shopping centre, all completely on-demand. Commuters in The Ponds, Schofields, and Kellyville Ridge use the Via-powered Cooee Busways smartphone app (iOS and Android) to request quick and efficient shared trips, enabling them to leave their personal vehicles at home.
Now Cooee Busways users will have even more flexibility with Opal Connect, a new ticketing solution that aims to provide an integrated and convenient experience for customers through a singular, trusted digital account.
Going forward, residents using Cooee Busways who sign up for Opal Connect will receive a $2 travel credit each time they transfer to Opal services like the bus, train, or Metro. They can then use that travel credit towards any future on-demand services that accept Opal, an incentive transport leaders say will turn occasional riders into daily users, further reducing congestion and emissions caused by driving single-occupancy vehicles.
“The biggest hurdle for people catching public transport is often that first and last mile,” said New South Wales Transport Minister Andrew Constance. “Our goal is to make this key part of the journey as simple and integrated as possible. This first stage of Opal Connect provides another incentive to leave the car at home and enjoy a ride on our new, state of the art Metro system.”
With Opal Connect, customers create an account via the transportnsw.info website, and then securely link their Opal card, along with their credit or debit card. Customers can then use their Opal Connect account to sign in to different transport operator’s apps to book and pay for their travel, including Via’s Cooee Busways app.
Residents using Cooee Busways have already proven their eagerness to leave their private vehicles at home, too. Riders took more than 40,000 trips with Cooee in less than five months, with 55 percent of riders saying they previously used a private vehicle to make the journey. From this, 4 percent stated they had sold their car since using Cooee Busways, with a further 43 percent considering selling their vehicle.
By integrating with Opal Connect, both Busways and Via hope to see an even larger number of commuters turn to Cooee Busways to make their journeys. Into the future, Opal Connect has the capability to become a one-stop-shop for all transport transactions and information, whether public transport, rideshare, taxis, parking,and even tolling.
Via has been tapped by cities and transportation players around the world to help re-engineer public transit from a regulated system of rigid routes and schedules to a fully dynamic, digital network. Via now has more than 90 launched and pending deployments in more than 20 countries. To learn more about Via, visit www.platform.ridewithvia.com.
About Via
Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, digital network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform operates in the United States and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through dozens of partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, seamlessly integrating with public transit infrastructure to power cutting-edge on-demand mobility. For more information, visit www.platform.ridewithvia.com.
About Busways
Busways Group is the largest family owned bus operator in New South Wales, Australia with 77 years’ experience providing exceptional standards of public transportation to hundreds of communities on the east coast. Busways is interested in how innovative transport solutions can enhance mobility and access for different customer groups.
With a team of over 1,500 people, committed to transporting over 21 million passengers each year, Busways prides itself on taking a proactive approach to public transport delivery to ensure the customer’s journey is as seamless as possible.
A 100x Investment (Part 1)
comma.ai has raised $8.1 million, Zoox has raised $990 million. Cruise and Waymo have raised even more. By my priors, this bothers me. How can I claim with a straight face we are going to win self driving cars, when, all else being equal, we appear much less likely to succeed. Although I lose sleep… Continue reading A 100x Investment (Part 1)
Self-Driving Requires Unprecedented Collaboration
By: Raj Kapoor, Chief Strategy Officer; and Luc Vincent, EVP Autonomous Driving In conversations about self-driving cars, people often talk about the rush to full autonomy like they’re commentators on a race — tracking new developments in technology, analyzing the strategic moves of the companies hurrying to be first. It’s easy to get caught up… Continue reading Self-Driving Requires Unprecedented Collaboration