Articles tagged “ridehailing”

Uber, Lyft Will Cease Curbside Airport Pickups in Phoenix Over Higher Fees

Uber, Lyft Will Cease Curbside Airport Pickups in Phoenix Over Higher Fees

Anita Snow, Associated Press

Municipalities, like Phoenix, looking to tax increasingly popular ridehailing services to raise revenue will almost certainly face huge pushback from flyers. Will local tourism and convention businesses eventually suffer?

2 months ago

Avis Tackles Urban Congestion By Teaming Up With Ridehailing Rivals

Avis Tackles Urban Congestion By Teaming Up With Ridehailing Rivals

Isaac Carey, Skift

Cities are getting more crowded with vehicles, and people are becoming more reluctant to use cars during business and leisure trips. Smart technology can help.

5 months ago

Amazon May Invest in Indonesia Superapp Gojek

Amazon May Invest in Indonesia Superapp Gojek

Yoolim Lee and Crystal Tse, Bloomberg

Amazon is upping its presence in Southeast Asia, and currently has no toehold in Indonesia. This potential investment in Gojek could be an entry point there, as well as bolster its food delivery efforts in the region.

6 months ago

Grab to Pump $500 Million Into Vietnam as More Rivals Enter After Uber’s Exit

Grab to Pump $500 Million Into Vietnam as More Rivals Enter After Uber’s Exit

Raini Hamdi, Skift

After Indonesia, Grab’s next biggest battleground is Vietnam. No surprise there, it's a rapidly growing economy with all the ingredients for a ridehailing explosion. Naturally Grab is not alone — rivals are aplenty.

6 months ago

Why SoftBank’s Second $108 Billion Vision Fund Matters to Travel

Why SoftBank’s Second $108 Billion Vision Fund Matters to Travel

Pavel Alpeyev, Bloomberg

With a second Vision Fund, Japan has emerged as the dominant driver of key technologies, many of which apply to travel and tourism. While the first staked ridehailing and the future of work technologies, the second is said to eye opportunities in artificial intelligence and autonomous driving.

7 months ago

Japan’s Ridehailing Ban Forces Uber to Think Up Unique Strategies

Japan’s Ridehailing Ban Forces Uber to Think Up Unique Strategies

Takahiko Hyuga and Pavel Alpeyev, Bloomberg

Uber wants to grow in Japan, home to its biggest investor. But ridehailing is banned there. What's a person to do? Come up with innovations, some of which it can carry globally. Here's how.

8 months ago

Grab Invests in Splyt to Give Users a One-App Ridehailing Solution Globally

Grab Invests in Splyt to Give Users a One-App Ridehailing Solution Globally

Raini Hamdi, Skift

What if you could use your everyday ridehailing app anywhere in the world? No more cumbersome downloads of another app or losing loyalty points from your app. That’s what Grab wants to achieve with its investment in Splyt. Too good to be true?

8 months ago

Waymo to Launch Ridehailing Robotaxis in France and Japan

Waymo to Launch Ridehailing Robotaxis in France and Japan

Michael Liedtke, Associated Press

Will Waymo pose a serious challenge to Uber with its autonomous ridehailing service? First it has to ensure a robot can do the job as well — if not better — than a human.

8 months ago

Grab Enters Travel Booking With Hotels Now and Flights Next

Grab Enters Travel Booking With Hotels Now and Flights Next

Raini Hamdi, Skift

In the face of a fast-growing and innovative rival, Grab’s foray into travel, starting with hotels, could give it an edge over archrival Go-Jek, which does not do travel — yet.

10 months ago

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Olivia Zaleski and Eric Newcomer, Bloomberg

Looks like Lyft's initial public offering is already oversubscribed. Investors are willing to overlook its significant losses and forget that strong demand ahead of an offering does not mean success in public markets. As Facebook has shown.

11 months ago

Lyft Expected to Reveal a $2 Billion IPO Plan Anytime Now

Lyft Expected to Reveal a $2 Billion IPO Plan Anytime Now

Olivia Zaleski and Eric Newcomer, Bloomberg

Lyft aims for a market valuation of $20 billion to $25 billion, which will make its offering the biggest from a technology upstart since Snap’s IPO two years ago.

11 months ago

Uber Closes in on Selling $1 Billion Stake in Its Self-Driving Car Unit

Uber Closes in on Selling $1 Billion Stake in Its Self-Driving Car Unit

Eric Newcomer, Bloomberg

Given the massive bet it has on Uber, SoftBank will want to do all to ensure the ridehailing company's success — including bankrolling Uber’s very expensive self-driving car unit.

12 months ago