Lyft launched its rental car service in December 2019, more than a year after Uber shut down a similar program that provided rental cars and access to bike rides and public transportation. Lyft Rentals stood out for its low starting rate of $35 a day and lack of mileage limit that also allowed renters as… Continue reading Lyft Rentals shuts down as the ride-sharing company lays off about 60 people
Tag: Lyft
Lyft lays off about 60 employees, shutters in-house car rentals program
Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by the company. Lyft said it has laid off about 60 people and dropped its in-house car rental service and is consolidating global operations. The Wall Street… Continue reading Lyft lays off about 60 employees, shutters in-house car rentals program
Curbee Rolls Out Free Signature Health Check For Visibility Into Urgent & Upcoming Car Maintenance Needs
Signature Health Check allows consumers to plan for future necessary repairs and services to keep their cars in the best condition while avoiding unexpected headaches and fees at repair shops SAN FRANCISCO, July 19, 2022 /PRNewswire/ — Curbee, a mobile car-repair company redefining the convenience and transparency of traditional car maintenance, is announcing its Signature… Continue reading Curbee Rolls Out Free Signature Health Check For Visibility Into Urgent & Upcoming Car Maintenance Needs
Uber will pay over $2 million to disabled riders after federal settlement
Uber has settled with the Department of Justice over allegations that it discriminated against disabled passengers, the DOJ announced in a press release on Monday. As part of the agreement, Uber will credit double the total wait fees issued to the 65,000 disabled riders already identified by Uber’s programs and commit more than $2 million… Continue reading Uber will pay over $2 million to disabled riders after federal settlement
BIS Research Study Projects the Mobility as a Service Market to Reach $379.66 Billion by 2031
FREMONT, Calif., July 15, 2022 /PRNewswire/ — The premium market intelligence study by BIS Research titled Mobility as a Service Market – A Global and Regional Analysis projects the market to reach $379.66 billion in terms of revenue by 2031, at a CAGR of 25.7%. With the changing landscape of passengers’ daily commutes, the demand for… Continue reading BIS Research Study Projects the Mobility as a Service Market to Reach $379.66 Billion by 2031
How the ride-sharing revolution failed passengers with disabilities
It’s the year 2022, and Henry Claypool still has trouble getting ride-sharing companies to send a wheelchair-accessible car to his home. Smartphone apps like Uber and Lyft were supposed to democratize transportation for marginalized groups — but for wheelchair users like Claypool, this was always a false promise. “I live in Arlington, Virginia, still inside… Continue reading How the ride-sharing revolution failed passengers with disabilities
Ford-backed autonomous car startup Argo AI lays off 150 employees
Argo AI, an autonomous vehicle startup backed by both Ford and Volkswagen, has laid off about 150 employees, as reported earlier by Bloomberg and The Wall Street Journal. The move is supposed to offset a period of rapid growth, in which the company hired more employees than needed. “With incredible growth and progress made in… Continue reading Ford-backed autonomous car startup Argo AI lays off 150 employees
Cab Services Market- Segmentation by Type (E-hailing, car rentals, radio cabs, and others) and geography (APAC, North America, Europe, MEA, and South America)|Technavio
NEW YORK, July 7, 2022 /PRNewswire/ — The Cab Services Market size is expected to grow by USD 224.05 billion, at a CAGR of over 18.96% during the forecast period. The growing use of cashless transactions in e-hailing and integration with digital wallets is notably driving the cab services market growth. Read the 120-page report with… Continue reading Cab Services Market- Segmentation by Type (E-hailing, car rentals, radio cabs, and others) and geography (APAC, North America, Europe, MEA, and South America)|Technavio
APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital
CHAMPAIGN, Ill., July 6, 2022 /PRNewswire/ — APFusion, Inc., the leading automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, announced today that they have secured $6.5 million in series seed financing bringing the company’s total financing to $7 million. The round was co-led by Left Lane Capital and Bedrock Capital,… Continue reading APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital
Worldwide On-demand Transportation Industry to 2027 – Featuring Daimler, Ford Motor Company and Gett Among Others
DUBLIN, July 4, 2022 /PRNewswire/ — The “On-demand Transportation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global on-demand transportation market reached a value of US$ 128.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 376.0 Billion by 2027, exhibiting… Continue reading Worldwide On-demand Transportation Industry to 2027 – Featuring Daimler, Ford Motor Company and Gett Among Others