SAN FRANCISCO–(BUSINESS WIRE)–Uber and Lyft today announced the Industry Sharing Safety Program, a first-of-its-kind effort to share information about the drivers and delivery people deactivated from each company’s platform for the most serious safety incidents including sexual assault and physical assaults resulting in a fatality. The goal of the Program is to further enhance the… Continue reading Uber: Leading Rideshare Companies Launch Industry Sharing Safety Program in the U.S.
Tag: Lyft
California bill would require all self-driving vehicles to be zero emission by 2025
California might be the first state to give self-driving cars a deadline to electrify. In mid-February, a bill was quietly introduced into the California State Legislature that would require all autonomous vehicles to also be zero emission by 2025. Proposed Bill SB 500, which was introduced by Senator Dave Min and sponsored by the Union… Continue reading California bill would require all self-driving vehicles to be zero emission by 2025
How to contact Uber support as a driver or rider if you need help resolving an issue
Related articles TECH How to contact Uber Eats in several different ways if you experience an issue with your order TECH How to contact your Uber driver before and after your trip, to arrange pick-up and report lost items TECH How to contact Lyft through the mobile app or website for customer support and more… Continue reading How to contact Uber support as a driver or rider if you need help resolving an issue
Lyft jumps as company marks best week for rides since the start of the pandemic (LYFT)
Mario Tama/Getty Images Lyft shares picked up more than 6% Wednesday following an upbeat February-trends update. Rideshare volume toward the end of February had its best week since pandemic lockdowns began in March 2020. Lyft forecast an adjusted EBITDA loss of $135 million, which is narrower than its previous loss projection of up to $150… Continue reading Lyft jumps as company marks best week for rides since the start of the pandemic (LYFT)
A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft (DMLRY)
Upscale ride-hailing platform Blacklane launched an on-demand chauffeur service on Monday. The service is starting in New York and will launch in 20 additional cities this month. Blacklane also lets customers schedule a ride or pay by the hour. Visit the Business section of Insider for more stories. Luxury ride-hailing firm Blacklane is introducing an… Continue reading A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft (DMLRY)
Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota
Trafi, the Lithuanian startup that created a platform that lets users plan, book and pay for various modes of transportation within a city, is expanding beyond the European market where it got its start to tackle one of the most congested urban areas in the world. The company said it has reached an agreement to… Continue reading Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota
Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)
Investors are looking at Uber and Lyft as early signs of how the economic recovery may take shape. Analysts told Insider the companies’ fates are closely tied to post-pandemic travel and consumer trends. They said Uber and Lyft became much more nimble during the pandemic, but uncertainty remains. Visit the Business section of Insider for more… Continue reading Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)
Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business
Uber and Lyft reported their quarterly earnings this week, and while both companies are showing signs of improvement, the COVID-19 pandemic continues to cast a long shadow over the overall ride-hailing business. It raises the question of how both companies, neither of which have ever turned a profit, can hope to claw their way out… Continue reading Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business
BusUp Raises $6M in Series A Funding
BusUp, a Spanish corporate bus commuter management solution in the E.U. and LatAm, closed its $6m Series A financing. The round was led by Proeza Ventures, and supported by US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE’s Business School venture fund Finaves V, among others. The company intends… Continue reading BusUp Raises $6M in Series A Funding
Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery (UBER)
Uber on Wednesday reported $3.17 billion in Q4 revenue, missing expectations of $3.58 billion. Uber reported GAAP losses per share of $0.54, beating analyst expectations of $0.55. Uber’s valuation doubled in 2020 despite the pandemic and the company’s inability to turn a profit. Visit the Business section of Insider for more stories. Uber on Wednesday… Continue reading Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery (UBER)