Amsterdam, the Netherlands, 14 October 2020 7:00 AM CEST TOMTOM’S CHIEF EXECUTIVE OFFICER, HAROLD GODDIJN“Market conditions continue to improve and we are pleased that our Automotive business shows robust sequential operational revenue growth.Deal activity was strong despite COVID-19. We are especially excited to announce a multi-year expansion and extension of our Uber contract, supplying both maps and… Continue reading Third quarter 2020 results
Tag: Uber
Uber and Lyft faced tough questions from California judges as they seek to keep classifying drivers as contractors (UBER, LYFT)
A California appeals court heard arguments on Tuesday from Uber and Lyft as they appeal a recent ruling that would force the companies to reclassify drivers as employees. A lower court determined in August that Uber and Lyft drivers are employees, not contractors, under the state’s gig work law, AB-5, but delayed enforcing the ruling… Continue reading Uber and Lyft faced tough questions from California judges as they seek to keep classifying drivers as contractors (UBER, LYFT)
TomTom and Uber Deepen Ties to Develop Superior Mapping Experiences
Amsterdam and San Francisco, 13 October 2020 TomTom (TOM2), the location technology specialist, and Uber have teamed-up and will continue integrating TomTom’s maps, traffic data, and Maps APIs across Uber’s global platform. In addition, Uber will serve as a trusted map editing partner to TomTom, leading to even more accurate navigation and location experiences, routing, fares,… Continue reading TomTom and Uber Deepen Ties to Develop Superior Mapping Experiences
Lime’s CEO explains how the scooter company’s ‘near death experience’ during the pandemic helped set it up to turn a profit next year (UBER)
Lime’s bike and scooter revenues plunged 95% when the pandemic hit in the spring, CEO Wayne Ting told Business Insider.. But it’s come out stronger than ever thanks to a pivot to become a one-stop app for any and all electric vehicles to get around. Ting says the company is on track to turn a… Continue reading Lime’s CEO explains how the scooter company’s ‘near death experience’ during the pandemic helped set it up to turn a profit next year (UBER)
Dearborn-based Zoom Ride launches amid pandemic to compete with Uber, Lyft
Dearborn — In March after three years of development, Bilal Hashwi and Basel Al Yasin were set to launch their new Zoom Ride hailing service as a competitor to Uber and Lyft. Then COVID-19 hit. “It’s not the best time to expand or to do any business,” Zoom Ride chairman Hashwi told The Detroit News. “People did not want… Continue reading Dearborn-based Zoom Ride launches amid pandemic to compete with Uber, Lyft
Top mobility VCs on the risks and rewards in partnering with giants like Amazon
At our recent TechCrunch Mobility event, we spoke with Amy Gu, the founder and managing partner of Hemi Ventures, Olaf Sakkers, a founding partner at Maniv Mobility and Reilly Brennan, the founding general partner at Trucks VC. We discussed a wide range of things, from frayed U.S.-China relations, to the mobility industry’s eager embrace of… Continue reading Top mobility VCs on the risks and rewards in partnering with giants like Amazon
Hong Kong logistics unicorn Lalamove unveils foray into the US
Lalamove, an on-demand logistics service active in China, Southeast Asia, and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americans home, Hong Kong-based Lalamove believes it can seize the growing demand for delivery services in the country. It makes its debut in the Dallas Fort-Worth area,… Continue reading Hong Kong logistics unicorn Lalamove unveils foray into the US
Waymo is finally going fully driverless with its ride-hail service in Phoenix (GOOGL)
Waymo is now offering a fully-driverless ride-hailing service in the Phoenix area, where the Alphabet company has been piloting its business since 2018. The fully-driverless option will apply to a 50-square-mile area at first, and early users will be customers who have been testing the service. Waymo also said that it would be resuming rides… Continue reading Waymo is finally going fully driverless with its ride-hail service in Phoenix (GOOGL)
Hyundai confident on flying cars, steps up plans for full lineup
South Korea’s biggest automaker is stepping up its pursuit of flying cars, planning a full lineup of aerial vehicles that it envisages zigzagging city skies within a decade. Hyundai Motor Group is developing models that will carry five or six people within metropolitan areas and a bigger version to fly between cities, Jaiwon Shin, head… Continue reading Hyundai confident on flying cars, steps up plans for full lineup
Uber partners Lithium Urban Tech to deploy 1000 EVs across India
Cab aggregator Uber announced partnership with Lithium Urban Technologies, India’s largest electric vehicle fleet operator, to deploy over 1,000 electric vehicles, all sedans, across Uber Rentals and Premier in Delhi NCR, Mumbai, Bangalore, Hyderabad and Pune. So far, they have already deployed over 100 EVs including Mahindra eVerito and Tata Tigor EV over the platform. Over… Continue reading Uber partners Lithium Urban Tech to deploy 1000 EVs across India