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Articles tagged “ridesharing”

Ground Transport

Uber Takes Further Steps Into Travel Through Itinerary Aggregator, and More

Uber may not become a superapp anytime soon, but wants to become a bigger part of your journey and everything you do in it, that is for sure.

Uber Takes Further Steps Into Travel Through Itinerary Aggregator, and More

Online Travel

Uber as Next Travel Powerhouse? Highly Doubtful

If you think Dara Khosrowshahi is going to toggle a switch and turn Uber into the next Expedia or Booking, then consider the years-long effort Booking Holdings is putting into building "the connected trip." Who's going to plan a vacation and start with a rideshare app?

Uber as Next Travel Powerhouse? Highly Doubtful

Airlines

AirAsia SuperApp Offers New Subscription Promotion for Flights, Food Delivery

Subscriptions are relatively hot in travel although AirAsia's limited new plan might be seen as a sign of weakness rather than strength. AirAsia Super+ is essentially a marketing plan to jumpstart the airline's flights and food delivery businesses.

AirAsia SuperApp Offers New Subscription Promotion for Flights, Food Delivery

Online Travel

Letting the Air Out of Online Travel’s IPO Bloat

Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.

Letting the Air Out of Online Travel’s IPO Bloat

Ground Transport

Uber CEO Is Fine Not Having a Superapp Model to Broaden Ridesharer’s Reach Into Travel

Come for the rides, stay for the food. Dara Khosrowshahi joined Uber as CEO when ridehailing was everything. Now he's navigating a multi-product approach. Yet when it comes to profits, Uber's still en route.

Uber CEO Is Fine Not Having a Superapp Model to Broaden Ridesharer’s Reach Into Travel

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Ground Transport

Hertz Bidding War Winner Is Certares and Knighthead in an Auction

Now that the investor winners and losers are clear, Hertz is tasked with the even harder job of retooling the business to adapt to a diminished business travel environement — at least in the short term.

Hertz Bidding War Winner Is Certares and Knighthead in an Auction

Online Travel

Startup BlaBlaCar Raises $115 Million for Long-Distance Carpooling and Bus Travel

Despite the pandemic, BlaBlaCar served 50 million passengers in carpools or buses in 2020, which shows remarkable resilience. The French startup has aggressive plans to create a rail service, debut a travel booking app for travelers, and expand its bus network much farther outside of Europe.

Startup BlaBlaCar Raises $115 Million for Long-Distance Carpooling and Bus Travel

Online Travel

Southeast Asian Superapp Grab to Go Public With Altimeter at $40 Billion Valuation

The Grab-Altimeter Growth Corp. 2 merger immediately becomes one of the highest profile such transactions in travel. Grab already dominates its superapp sector in Southeast Asia, and the funding infusion should help it get stronger.

Southeast Asian Superapp Grab to Go Public With Altimeter at $40 Billion Valuation

Online Travel

A Former Top Exec at Orbitz and Uber on What AirAsia Can Expect in Online Travel Competition

Running an airline isn't easy, and neither is launching ridesharing, financial services, and delivery businesses from scratch. AirAsia has its work cut out for it in terms of the required investments and trying to be everything to everyone in Southeast Asian markets with entrenched incumbents.