When Uils launched in 2021, it was a car rental service for rideshare drivers. But after the founders realized that many rideshare drivers don’t have access to credit, particularly in Latin America, the Buenos Aires-based company pivoted to fintech, offering financial services to drivers through a behavioral scoring engine based entirely on a person’s driving… Continue reading Uils wants to lend LatAm’s rideshare drivers cash based on their driving record
Tag: Lyft
Lyft co-founder says autonomous vehicles won’t replace drivers for at least a decade
Human drivers on the Lyft platform aren’t going to be replaced by autonomous vehicles anytime soon, company co-founder and president John Zimmer told the audience today at TechCrunch Disrupt. “I can’t imagine anytime in the next decade-plus where we would need any less drivers,” he said, noting that he envisions autonomous vehicles handling anywhere from… Continue reading Lyft co-founder says autonomous vehicles won’t replace drivers for at least a decade
Uber launches new advertising division to boost revenues
Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122 million monthly active users globally, the company said on Wednesday it will sell ad space inside its ride-hailing and UberEats apps, along with in-vehicle digital ads, sponsored mails and storefront ads. “While consumers are making purchase decisions and waiting for… Continue reading Uber launches new advertising division to boost revenues
Don’t worry, Uber WILL find a way to advertise to you
Uber has officially launched its advertising division and unveiled its in-app ad experience, Journey Ads, in an attempt to drive more revenue. The company said Wednesday it will sell ad space inside its ride-hailing and Uber Eats apps, as well as in-vehicle digital ads, sponsored mails and storefront ads. Uber has historically tried to add… Continue reading Don’t worry, Uber WILL find a way to advertise to you
Lyft now lets you reserve parking spaces
/ Search and pay for spaces ahead of your travel plans. The new Lyft parking feature allows users to search for and reserve parking spaces directly within the app.Image: Lyft Lyft users can now search, reserve, and pay for parking spaces from the app in cities across the US, reports the San Francisco Chronicle. Drivers… Continue reading Lyft now lets you reserve parking spaces
Want to tip for your Amazon delivery? Drivr is a new app for that
Tipping in the U.S. is a critical part of how the wheels turn in the service economy. One service area that’s been very overlooked, however, is the world of last-mile delivery — a service job that falls between the cracks when it comes to tipping because those who deliver products typically don’t work for the… Continue reading Want to tip for your Amazon delivery? Drivr is a new app for that
Malden and Medford Join Bluebikes, Metro Boston’s Public Bike Share System
Medford Mayor Breanna Lungo-Koehn and Malden City Councilor Stephen Winslow joined Blue Cross Blue Shield of Massachusetts and Lyft for celebratory event MEDFORD, Mass., Oct. 17, 2022 /PRNewswire/ — The Cities of Medford and Malden today announced they will be joining Bluebikes, Metro Boston’s public bike share system. By adding a total of six new stations across… Continue reading Malden and Medford Join Bluebikes, Metro Boston’s Public Bike Share System
Lyft increases service fees for riders amid rising insurance costs
Lyft is increasing the service fees its riders in the U.S. pay for each ride. The rise in cost, which will go directly to Lyft, aims to cover the higher costs of insurance, reports Reuters. Lyft’s service fees pay for overhead costs like driver insurance and security background checks. The company expected a rise in insurance… Continue reading Lyft increases service fees for riders amid rising insurance costs
Tax the rich for more EVs? California Democrats split
A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: Gov. Gavin Newsom. That’s put the Democratic governor on the opposite side of his own… Continue reading Tax the rich for more EVs? California Democrats split
Inside Motional’s strategy to bring robotaxis to market
Motional, the Hyundai-Aptiv joint venture that aims to commercialize autonomous driving technology, announced last week its partnership with Uber to bring robotaxi services to North American cities over the next 10 years. The Uber deal comes off the back of similar partnerships with Via and Lyft to launch robotaxi services in Las Vegas. Sensing a… Continue reading Inside Motional’s strategy to bring robotaxis to market