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Articles tagged “ridesharing”

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.

Dennis Schaal, Skift | 2 years ago

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.

Dennis Schaal, Skift | 2 years ago

Rental Cars

Uber Rideshare Revenue Ticking Upwards After Dramatic Fall

If you are grasping for any signs that the U.S. or global economies have a heartbeat, then consider that Uber's rideshare revenue has been ticking upwards in the past two weeks after plummeting over the past two months. No, this is not the same as China reopening or a promising coronavirus vaccine in the making, but at this point we'll latch onto almost anything.

Dennis Schaal, Skift | 3 years ago

Rental Cars

Skift Global Forum Preview: Avis Tackles Digital Innovation Through Partnerships

Doing just traditional car rental isn't going to cut it anymore, and Avis is rapidly expanding its alternative services.

Isaac Carey, Skift | 4 years ago

Skift Global Forum Preview: Avis Tackles Digital Innovation Through Partnerships

Rental Cars

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

Uber certainly isn't making a profit yet, which isn't the worst thing in the world, considering the mammoth market opportunity. Still, investors in its initial public offering should know it could take several years before that red ink turns black.

Dennis Schaal, Skift | 4 years ago

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

Online Travel

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Expedia has dealt with a ton of distractions in recent years as it acquired Wotif, Travelocity, Orbitz Worldwide, and HomeAway, for example. CEO Mark Okerstrom wants to focus on the basics instead, and doesn't want to take bold steps into dining reservations or food delivery for now. On the other hand, Expedia is a very acquisitive company so never say never.

Dennis Schaal, Skift | 4 years ago

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Rail

Uber CEO Hopes IPO Will Solve Its Saudi Arabia Investor Problem

Uber needs to shed its Saudi Arabia investment as long as Crown Prince Mohammed Bin Salman remains in power, and the country bombs innocents in Yemen. Uber's leaders know they have to do this, but how they dump their Saudi investment and the extent of the divorce remain to be seen.

Dennis Schaal, Skift | 4 years ago

Uber CEO Hopes IPO Will Solve Its Saudi Arabia Investor Problem

Rental Cars

Uber, Airbnb and Lyft Are Setting Up 2019 as a Landmark Year in Travel IPOs

In initial public offering land, it's a long time until 2019. The markets are turbulent at the moment and there are big regulatory headaches that stubbornly persist, but investors are salivating at the prospect of dropping some money into Uber and/or Airbnb. These IPO plans could be very impactful.

Dennis Schaal, Skift | 4 years ago

Uber, Airbnb and Lyft Are Setting Up 2019 as a Landmark Year in Travel IPOs

Airlines

Opportunities for the 15 Ways Travelers Use Mobile: Skift Research

If there is a common thread throughout the in-destination journey today, it’s mobile. Even so, gaps exist in mobile usage between parts of the journey and the key players in each part. For those that are behind, it’s urgent to play catch-up.

Meghan Carty, Skift Research | 5 years ago

Opportunities for the 15 Ways Travelers Use Mobile: Skift Research

Airlines

All The Ways U.S. Travelers Use Mobile at Destinations: New Skift Research

From finding things to do, to making spontaneous bookings, and more, mobile has a role to play at each part of the in-destination journey. Travel brands that can add value to this mobile journey have a lot to gain.

Meghan Carty, Skift Research | 5 years ago

All The Ways U.S. Travelers Use Mobile at Destinations: New Skift Research