Uber and Lyft’s pricing strategies have been revealed for the first time thanks to a new Chicago law. A Reuters analysis of the data shows fares for shared rides in the city have risen significantly over the past year, while fares for single riders have remained stable. The data doesn’t differentiate between companies, but Uber… Continue reading A new Chicago ride-hailing law reveals for the first time what Uber and Lyft really charge (UBER, LYFT)
Tag: Uber
Singapore’s Grab launches pilot motorbike-hailing service in Malaysia
FILE PHOTO: A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman Daga KUALA LUMPUR (Reuters) – Ride-hailing firm Grab has launched a pilot program for motorbike hailing in Malaysia, barely a month after regional rival Gojek was given the green light to begin limited operations… Continue reading Singapore’s Grab launches pilot motorbike-hailing service in Malaysia
India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M
Yulu, a Bangalore-based electric bike sharing platform that maintains a partnership with Uber, said today it has won the backing of one of the country’s largest automakers. The two-year-old startup said it has entered into a strategic partnership with Bajaj Auto, which has also funded Yulu’s $8 million Series A financing round. As part of the… Continue reading India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M
Coup shuts down its electric moped scooter service
Coup, an electric moped scooter-sharing service that operates in Berlin, Paris and Berlin, has announced in an email that it is going to shut down in all three cities. On Twitter, the company says that operating the service is “economically unsustainable” in the long term. “We plan to discontinue our service in Berlin and Tübingen… Continue reading Coup shuts down its electric moped scooter service
‘Unfit’ Uber loses London license over safety failures
LONDON (Reuters) – Uber (UBER.N) was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years, pending an appeal, over a “pattern of failures” on safety and security. Unauthorized drivers were able to upload their photos to others’ accounts so that, on at least… Continue reading ‘Unfit’ Uber loses London license over safety failures
Amazon-backed Shuttl raises $18M to expand its app-based bus aggregator in India
Shuttl, a startup that runs an app-based bus aggregator service in India, said on Monday that it has raised $18 million in a new financing round as it looks to scale its business in the country. Toyota Tsusho Corporate and SPARX Group, through its Mirai Creation Fund II, funded Shuttl’s Series C financing round, the four-year-old… Continue reading Amazon-backed Shuttl raises $18M to expand its app-based bus aggregator in India
‘Inadequate Safety Culture’ to Blame for Uber’s Automated Vehicle Crash
The pedestrian’s impairment at the time of the crash, coupled with crossing outside a crosswalk, contributed to the crash, as did the Arizona Department of Transportation’s insufficient oversight of automated vehicle testing, the NTSB found. Photo via NTSB/Wikimedia. The National Transportation Safety Board (NTSB) called upon federal regulators to create a review process before allowing automated test vehicles… Continue reading ‘Inadequate Safety Culture’ to Blame for Uber’s Automated Vehicle Crash
The Uber of Car Tires Launches
MIAMI, Nov. 22, 2019 /PRNewswire/ — Michael Welch has a big vision for Tirescanner.com. By 2020 he expects to be able to offer a same-day tire install anywhere in the United States at market leading prices. A big job, but he has done this before. Welch was responsible for the creation of the world’s first ‘click to… Continue reading The Uber of Car Tires Launches
US Congress: Act on Autonomous Driving
And again a new start for a nationwide law for autonomous driving in the USA. There have been a few attempts to pass a law Autonomous driving in the United States to say goodbye, but all of them failed. For example, the individual US states have each issued their own laws and left behind a… Continue reading US Congress: Act on Autonomous Driving
Define and manage growth on your own terms
Tim Hsia & Neil Devani Contributor More posts by this contributor The first hires are the hardest Getting press for your startup: the true role of communications Welcome to this edition of The Operators, a recurring Extra Crunch column, podcast, and YouTube show that brings you insights and information from inside top tech companies. Our… Continue reading Define and manage growth on your own terms