CLEVELAND, Aug. 27, 2021 /PRNewswire/ — Nominal revenues generated by the US car and truck rental industry are expected to see annual growth of 11% through 2025 from a depressed base in 2020, according to Car & Truck Rental: United States, a report recently released by Freedonia Focus Reports. Excluding the anomalous year 2020, revenues… Continue reading US Car & Truck Rental Revenues to Return to Growth as Consumer, Business Travel Rebounds
Tag: Lyft
Knoetic Raises $18M in Series A Funding
Knoetic, a NYC-based platform for Chief People Officers that combines a social network and a SaaS analytics tool, raised $18M in Series A funding. The round was led by Accel with participation from New York Times bestselling author Adam Grant, as well as Karan Mehandru (STEADFAST, and formerly Trinity Ventures), Dan Bomze (Founder/CEO of MileIQ), Sterling Road (Ash Rust), Bob Tinker (angel investor… Continue reading Knoetic Raises $18M in Series A Funding
A California judge just struck down Prop 22: Now what?
Bradley Tusk Contributor More posts by this contributor When regulation presents a (rare) opportunity In London, Uber has won the battle but risks losing the war Every time you turn around, someone new is winning the war in California around organizing workers in the sharing economy. Labor struck first when California legislators passed Assembly Bill… Continue reading A California judge just struck down Prop 22: Now what?
Shared Mobility Market Size to Reach USD 145460 Million by 2027 at CAGR 6.5% – Valuates Reports
BANGALORE, India, Aug. 24, 2021 /PRNewswire/ — The Shared Mobility Market is Segmented by Type (Bikesharing, Carsharing, Ridesharing, Others), by Application (Cars, Two-Wheelers, Others). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. It is published in Valuates Reports under Automotive Industry Category. The global Shared Mobility market size is projected to reach USD… Continue reading Shared Mobility Market Size to Reach USD 145460 Million by 2027 at CAGR 6.5% – Valuates Reports
Fontinalis Partners Closes $104M Fund III
Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III
August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Vi…
August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Via, that riders will be able to utilize for trips within two dedicated zones: Denton and Lewisville/Highland Village GoZones. Aug. 19, 2021 (Denton County, TX) Starting September 7, getting around town is about to get… Continue reading August 19, 2021 DCTA and Via launching new GoZone shared ride service on September 7 GoZone is an on-demand rideshare service, powered by Vi…
California judge rules Prop 22 unconstitutional, dealing blow to gig worker initiative backed by Uber and Lyft
A California judge ruled that Proposition 22, passed by voters in November, is unconstitutional. Prop 22 exempted food delivery and ride-hailing workers from state labor law protections. An industry-backed PAC supporting Prop 22 said it will appeal the ruling. Loading Something is loading. In a huge setback for Uber, Lyft, and DoorDash, Alameda County Superior… Continue reading California judge rules Prop 22 unconstitutional, dealing blow to gig worker initiative backed by Uber and Lyft
California judge finds Prop 22 gig worker measure unconstitutional
A California judge has ruled that Proposition 22, the measure that allows companies like Uber and Lyft to keep classifying app-based drivers in the state as independent contractors, is unenforceable and unconstitutional. According to the San Francisco Chronicle, Alameda County Superior Court judge Frank Roesch found that Prop 22 illegally “limits the power of a… Continue reading California judge finds Prop 22 gig worker measure unconstitutional
California’s gig worker Prop 22 ruled unconstitutional by superior court
In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California’s Proposition 22, which was passed in 2020 and designed to overrule the state’s controversial AB-5 law on the employment status of gig workers, violates the state’s constitution. Frank Roesch, a superior court judge in… Continue reading California’s gig worker Prop 22 ruled unconstitutional by superior court
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught unless a number of scenarios all work out, in concert and without a glitch. Bird, well-known for its early battles with domestic rival Lime, is… Continue reading Bird shows improving scooter economics, long march to profitability