The ride-hailing firm, Lyft, has announced it's cutting 13% of jobs. It said it needs to become leaner as a recession looms and insurance costs rise. The cuts will affect more than 650 people.
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After e-scooters, India's ride-hailing firm, Ola Electric Mobility, now has plans of starting the production of electric cars that will go from zero to 100 km per hour within four seconds.
Popular ride-hailing platform Uber has announced a new partnership with Marriott International. As a result of the collaboration, Marriott Bonvoy members who use Uber can now win bonus points.
Ola has said it's launching a vaccine push in the geographies it operates in to help its employees and their dependents get vaccinated against the coronavirus which has shut the world down.
Uber and Lyft have established a mechanism in the U.S. to share lists of banned drivers who were kicked off of one of the services for serious violations so they can be kept off the other platform.
LG and Luxoft have created a new joint venture called Alluto. The two firms are seeking to bring new consumer-grade automotive technology to market to improve people's driving experiences.
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Lyft will add Venmo as a payment method for your rides in the next few weeks. The integration is rolling out in the U.S. and it will also let you split ride costs with friends or family.
Transport for London is reportedly preparing to strip Ola Cabs of its operating license, just like it did with Uber. The ride-hailing firm will have 21 days to appeal the decision.
The ride-hailing platform announced on Tuesday that all vehicles on its platform will be electric by 2040. It also pledged to contribute $800 million through 2025 to help drivers switch.
In May, Uber instituted a "No Mask No Ride" policy, requiring drivers to take a selfie with a mask each day before starting work. Now, some riders may also be required to take a similar selfie.
The People's Bank of China has reached an agreement with ride-hailing firm Didi Chuxing to integrate digital yuan payments in a bid to test it before bringing it to the wider Chinese economy.
Uber is rolling out new features to its mobile app including a redesign meant to make pickups easier for both drivers and riders and a new translation service with support for more than 100 languages.
The ride-hailing firm, Ola, has launched in London. Seeing Uber's experience, Ola is putting safety and driver support first and foremost. The firm is offering perks for those who sign up early.
Ride-sharing giant Uber is going to bring new features to its users in France. In the weeks to come, Uber will bring electric scooters to its French consumer base in collaboration with Cityscoot.
Today, Uber updated the list of cities covered by its monthly payment plan to include 16 more locations in the US. Riders who subscribe to the monthly package will also get additional benefits.
SoftBank's Vision Fund is believed to be preparing to invest as much as $1.5 billion in Singapore-based ride-hailing giant Grab as part of a broader effort to inject cash into Asian tech startups.
British and Dutch regulators have imposed a combined fine of more than £900,000 (~$1.149M) on Uber over the company's failure to protect user data from a series of breach incidents in 2016.
Lyft Rewards will be coming to various cities next month, enabling riders to earn points for each dollar they spend. These points can then be exchanged for rewards such as an upgrade to a Lyft Lux.
The ride-hailing company is testing a new feature that will let users know when prices are lower and schedule a ride for that time. Only some Uber employees have access to the feature for now.
GM has said it can already roll out its electric and driverless Cruise AV in 7 states in the USA. The company believes it can overcome any other final and federal legal hurdles by 2019.
Licensing authorities in York have joined Sheffield and London in not awarding a renewed operating license to ride-hailing service, Uber. The recent data breach revelation informed York's decision.
The consortium will include Ford, be funded by the UK government, and be led by London taxi firm Addison Lee. It will be exploring automated ride-hailing and sharing vehicles for Londoners.
The ride-hailing service is willing to negotiate but currently, will not renew its license, as it feels new regulations from the local authority are too rigorous and unsuitable for the company.
Alphabet is believed to be examining a potential investment in Lyft to the tune of $1 billion. Should it proceed, the cash injection would help shore up the company against its main rival, Uber.
Saudi Arabia has invested a huge amount of money in the ride-hailing company, but Uber has found itself under fire for accepting cash from a government that regularly abuses human rights.
