Like most shared scooter companies, Lime was hit hard by the coronavirus pandemic. “We saw a 95 percent drop in ridership,” Lime CEO Wayne Ting says in an interview. “We’re a mobility company. And one of the things with mobility companies, when communities shut down, riders shut down.” But while the world still remains in… Continue reading Lime’s CEO on the future of scooters: ‘COVID has turned from a headwind into a tailwind’
Tag: Uber
German Manager Magazin: Uber offers BMW and Daimler more than one billion euros for FreeNow000264
The American taxi and mobility service Uber is offering well over a billion euros for the FreeNow joint venture between the car manufacturers BMW and Daimler. Uber wants the partners according to information from manager magazin each pay a high three-digit million amount . The decision to sell has not yet been made. Daimler boss… Continue reading German Manager Magazin: Uber offers BMW and Daimler more than one billion euros for FreeNow000264
Uber drivers are suing the company over ‘threatening’ messages urging them to vote for California’s Prop. 22 (UBER)
A group of Uber drivers say the company’s messaging in favor of California’s Proposition 22 is breaking the law. In their lawsuit filed Thursday, they say the “threatening” and “coercive” messages break a 1915 law. An Uber spokesperson called the lawsuit “absurd” and said it lacked any merit. Prop. 22 would allow Uber and its… Continue reading Uber drivers are suing the company over ‘threatening’ messages urging them to vote for California’s Prop. 22 (UBER)
Uber offers more than €1 billion to buy Daimler/BMW’s freenow: Manager Magazin
By Reuters Staff 1 Min Read FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez FRANKFURT (Reuters) – Ride-hailing firm Uber UBER.N has offered more than 1 billion euros to buy Daimler DAIGn.DE and BMW’s BMWG.DE joint mobility services company Freenow, Manager… Continue reading Uber offers more than €1 billion to buy Daimler/BMW’s freenow: Manager Magazin
Renault lets go of the wheel of Marcel VTCs
Posted on Oct 16, 2020 at 12:06 PM Renault and Marcel, it’s over. The automaker confirmed Thursday, as revealed by “La Tribune”, that it sold the VTC platform at the end of September. acquired in summer 2017 through its subsidiary RCI Bank & Services. The company is taken over by Ascom, a holding company which… Continue reading Renault lets go of the wheel of Marcel VTCs
Uber to invest over $150m in JV with SK Telecom’s mobility business
Uber Technologies said on Friday that it will invest over $150 million into a joint venture and partnership with South Korea’s SK Telecom Co Ltd, which is proposing to split off its mobility business. SK Telecom planned to split off its mobility business unit and launch T Map Mobility, while Uber would invest over $100… Continue reading Uber to invest over $150m in JV with SK Telecom’s mobility business
Third quarter 2020 results
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
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)