A woman walks past a sign of station for Didi Chuxing in Beijing, China January 2, 2019. REUTERS/Jason Lee SHANGHAI (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday that it had launched services in Chile and Colombia, as part of its push into Latin America. The company kicked off operations of Didi Express… Continue reading China’s Didi Chuxing starts ride-hailing services in Chile, Colombia
Tag: Uber
Sources: Bird is in talks to acquire scooter startup Scoot
If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled mobility startup, sources tell TechCrunch. The stage of the negotiations is not clear… Continue reading Sources: Bird is in talks to acquire scooter startup Scoot
Simulation: The Invisible Gatekeeper
By: Hugh Reynolds, Senior Director of Engineering, Simulation [embedded content] At Uber Advanced Technologies Group (ATG), safety is at the core of everything we do. As part of our commitment to safety, we are investing heavily in simulation technology that enables us to test our self-driving system in a virtual environment before it ever reaches… Continue reading Simulation: The Invisible Gatekeeper
Bird is launching an electric moped this summer
Scooter-sharing company Bird is adding an electric moped to fleets in “select markets” this summer. Called the “Cruiser,” it’s the first seated vehicle Bird has offered. The Cruiser can be used like a bike, with the electric motor offering assistance to make pedaling easier. But customers will also be able to simply ride with their… Continue reading Bird is launching an electric moped this summer
UPDATE 2-Uber says IRS probing its 2013-14 tax returns
(Reuters) – The U.S. Internal Revenue Service is auditing Uber Technologies Inc’s taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO… Continue reading UPDATE 2-Uber says IRS probing its 2013-14 tax returns
French ride-hailing app Kapten names new CEO as co-founders step down
PARIS (Reuters) – French ride-hailing app Kapten, one of many such firms looking to take on the likes of Uber, named Sebastien Oebel as its new chief executive and added that its co-founders would be stepping down from the company. Yan Hascoet founded Kapten, which was initially known as Chauffeur Prive, back in 2011 along… Continue reading French ride-hailing app Kapten names new CEO as co-founders step down
Lyft has completed 55,000 self-driving rides in Las Vegas
Sponsored Links Roberto Baldwin / Engadget One year ago, Lyft launched its self-driving ride service in Las Vegas. Today, the company announced its 30-vehicle fleet has made 55,000 trips. That makes it the largest commercial program of its kind in the US. Unsurprisingly, Lyft says it’s thrilled. “So far, we’ve been very pleased with what… Continue reading Lyft has completed 55,000 self-driving rides in Las Vegas
Uber suspends XL service in Istanbul
ISTANBUL, May 31 (Reuters) – U.S.-based ride-hailing service Uber will suspend its UberXL services in Istanbul from Friday, it said, though passengers in Turkey’s largest city will still be able to call smaller yellow taxis through its app. The company, which reported a $1 billion loss on Thursday after spending heavily in the run-up to… Continue reading Uber suspends XL service in Istanbul
Uber posts $1bn loss weeks after flotation
Uber has posted a $1bn (£790m) loss as the ride-hailing firm delivered its first figures since a disappointing flotation earlier this month. The quarterly loss came despite a 20% a rise in revenues to $3.1bn and increase in monthly active users to 93 million. The results were in line with many analysts’ forecasts and may… Continue reading Uber posts $1bn loss weeks after flotation
Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business
Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing grew just 22% compared to the same quarter last year. Gross bookings are the revenue earned minus things like taxes, tolls, fees, wages paid to… Continue reading Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business