EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came out of stealth in March, said Tuesday it has partnered with Japanese petroleum and energy… Continue reading EV battery swapping startup Ample charges up operations in Japan, NYC
Tag: Lyft
Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B
Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company’s business. This morning, we’re extending our earlier reporting on the company to dive into its numerical performance, economic health and possible valuation. Recall that Didi has raised tens of billions worth of private capital from venture capitalists,… Continue reading Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B
Uber Offers Drivers Health Insurance, Then Says Oops Nevermind
What a fun reminder of the benefits Uber refuses to provide. Whoopsie-Daisy Uber just accidentally played a cruel bait-and-switch on a portion of its drivers by erroneously offering healthcare to drivers before yanking it away. The rideshare company refuses to provide healthcare benefits to its drivers outside of California, Motherboard reports, so it was probably… Continue reading Uber Offers Drivers Health Insurance, Then Says Oops Nevermind
Uber: New Research shows Uber’s role in reducing drunk driving
By Kristin Smith, Head of Global Road Safety Policy Every day 28 people lose their lives to drunk drivers in the US; that’s one person every 52 minutes. The impact impaired driving has on our society is emotionally damaging, costly, and oftentimes life altering. As a leader in ridesharing, we are committed to doing our… Continue reading Uber: New Research shows Uber’s role in reducing drunk driving
4 million Americans quit their jobs in April — a 20-year record. Many of them worked in the retail sector, which is in the middle of a massive labor shortage.
About 4 million workers in the US quit in April, a 20-year record, the Labor Department said. There were 9.3 million job vacancies at the end of April, another 20-year record. Job vacancies rose the most in the accommodation and food-service sectors. See more stories on Insider’s business page. Job vacancies rose to a 20-year… Continue reading 4 million Americans quit their jobs in April — a 20-year record. Many of them worked in the retail sector, which is in the middle of a massive labor shortage.
The Price of Ubers and Airbnbs Is About to Get Jacked Up
Companies now dare to ask a bold question: “What if we actually made money?” Bubble: Burst Unfortunately for everyone who got used to booking suspiciously-cheap rides across town or taking affordable vacations while living in a stranger’s home, companies like Airbnb and Uber are emerging from the pandemic much more expensive than they were before.… Continue reading The Price of Ubers and Airbnbs Is About to Get Jacked Up
Intercity travel within Texas gets shakeup from 22-year-old growing rival company to both UPS/FedEx and Uber/Lyft
HOUSTON, June 8, 2021 /PRNewswire/ — Hitch is the Texas-grown, affordable alternative to long-haul ride share and same-day courier service, growing 50% month over month this year. The company is giving not only Uber and Lyft a run for their money, but UPS and FedEx as well. With Hitch, same-day deliveries between 11 of the most… Continue reading Intercity travel within Texas gets shakeup from 22-year-old growing rival company to both UPS/FedEx and Uber/Lyft
Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led… Continue reading Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
The Station: Aurora gets closer to a SPAC deal, Spin’s new strategy and Waymo One app numbers
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Aurora gets closer to a SPAC deal, Spin’s new strategy and Waymo One app numbers
Booster Hires Chief People Officer and General Counsel to Support Fleet Business Growth
SAN MATEO, Calif., June 3, 2021 /PRNewswire/ — Booster, the leading mobile energy delivery service, today announces new additions to its upper management team. Chief People Officer Ron Storn of KeepTruckin, Zume, and Lyft, and General Counsel Juliana Chen of Guidewire Software and Fitbit will deepen the company’s bench of technology talent and support Booster’s continued… Continue reading Booster Hires Chief People Officer and General Counsel to Support Fleet Business Growth