Lyft, Uber’s chief nemesis in the U.S., is thinking of entering the fiercely competitive Japanese ride-hailing space, according to comments from one of its founders. “We would love to be in Japan, and we also will be looking at that possibility,” John Zimmer, Lyft co-founder and president, said at the New Economy Summit 2018 in Tokyo.… Continue reading Lyft is considering entering Japan’s challenging ride-hailing market for some reason
Tag: Lyft
Uber acquires bike-share startup JUMP
Uber has acquired bike-sharing startup JUMP for an undisclosed amount of money. This comes shortly after TechCrunch reported that JUMP was in talks with Uber as well as with investors regarding a potential fundraising round involving Sequoia Capital’s Mike Moritz. At the time, JUMP was contemplating a sale that exceeded $100 million. We’re now hearing that… Continue reading Uber acquires bike-share startup JUMP
Lyft Expands Subscription Ride-Hailing Test to Dozens of Cities
Lyft Inc. is testing a subscription service in more than two dozen cites, hoping to lock in customers as competition with Uber Technologies Inc. heats up in the U.S. In recent weeks, the San Francisco-based company began experimenting with a variety of subscription packages, now available in 30 markets. Lyft President John Zimmer said he… Continue reading Lyft Expands Subscription Ride-Hailing Test to Dozens of Cities
To own, or to access – that is the question
Is Netflix where you look when you’ve got a spare hour in the evening? Is your workplace anywhere you can access your Office 365 account? If so, then you’re among the countless people who use an online subscription service. Without a doubt, we’re a long way from when Steve Jobs famously proclaimed in 2003, “you… Continue reading To own, or to access – that is the question
Uber Settles with Family of AV Crash Victim
Uber has reached a settlement with the family of Elaine Herzberg, the 49-year-old woman struck and killed by one of Uber’s autonomous vehicles (AVs) on March 18. The terms of the Uber settlement were not disclosed. Click to View Full Infographic “The matter has been resolved,” the family’s lawyer Cristina Perez Hesano told Reuters. The… Continue reading Uber Settles with Family of AV Crash Victim
BMW and Daimler create the world’s number one car-sharing
To stay in the running against American Uber and Lyft or Chinese Didi, Daimler and BMW join forces. The two German manufacturers, who usually fight for the first place in the podium on the high-end segment, Wednesday announced the signing of an agreement to merge their mobility services Car2go and DriveNow. The operation, which has… Continue reading BMW and Daimler create the world’s number one car-sharing
Lyft co-founder: Fatal Uber crash should have been prevented
WASHINGTON, March 27 (Reuters) – The co-founder of ride hailing company Lyft Inc said on Tuesday a fatal collision in which an Uber Technologies Inc self-driving vehicle struck a pedestrian could have been prevented. “I don’t know all the specifics. I did see the video. It did look like both the tech and the driver… Continue reading Lyft co-founder: Fatal Uber crash should have been prevented
Uber said to be negotiating sale of self-driving tech to Toyota
Uber might begin selling its autonomous driving systems to outside companies, including major automakers, according to a new report from Japan’s Nikkei. The report claims that Uber has had talks with Toyota regarding supplying the automaker with self-driving tech, and that the two are currently in negotiations around how this would work, with talk of… Continue reading Uber said to be negotiating sale of self-driving tech to Toyota
Top Automotive Industry News for Week of March 12 – March 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017
Lyft Will Test All-Access Monthly Subscriptions
The ride-hailing company is testing a subscription service that would remove the need to pay every time you travel. March 16, 2018 2 min read This story originally appeared on PCMag Regular users of on-demand ride hailing service Lyft will be happy to hear they may be able to save some money in the not-too-distant… Continue reading Lyft Will Test All-Access Monthly Subscriptions