rideshare

Statement: ‘Protecting these workers from unfair, deceptive, and anticompetitive practices is a priority’

Lyft has created a media business unit that will target advertising revenue in vehicles, some of which could be shared with drivers.

Ride-hailing giant Lyft reported earnings for the second quarter after the bell Thursday.

In its earnings report for Q4 2021 and FY2021, Uber revealed that its delivery segment once again brought in more revenue than its core mobility business.

The ride-hailing giant has struggled to turn a profit over the years, but that finally changed in 2021.

Q3 2021 marked the first adjusted EBITDA-profitable quarter in Uber’s publicly traded history and the second in a row for Lyft.

After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.

Uber is partnering with EV charging company Wallbox to offer discounted charging units for drivers in the San Francisco area under a pilot program.

The proposed $1 trillion infrastructure package includes a provision that would study the potential for a “driving tax” of 8 cents per mile.

Self-driving technology company Aurora said it will deploy a Toyota Sienna autonomous vehicle in rideshare service in the next six months.

Modern Shipper polled the Uber/Lyft Drivers Facebook group to see which apps rideshare drivers are really using

Modern Shipper polled Uber and Lyft drivers to find out their favorite electronic assistants.

President Biden wants half of all vehicles to be electric by 2030, and ride-hailing companies will need to adapt to survive.

Lyft riders in Miami will be able to choose a self-driving car later this year through an agreement with Ford and autonomous-tech company Argo AI.

On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.

Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.

Uber is reportedly close to a deal with GMB, a U.K.-based labor union, to provide representation for rideshare drivers as it works to comply with a recent U.K. Supreme Court decision saying drivers were entitled to minimum wage.

The California Air Resources Board has voted to require rideshare companies like Uber and Lyft to conduct 90% of all rides in electric vehicles by 2030.

Electric vehicle startup Arrival announced it would build a ride-hailing specific electric car for Uber to use in the U.K. and Europe. Separately, Uber said it will now deliver everyday essential items to customers from Gopuff in the U.S.

Woven Planet, a subsidiary of Toyota Motor Corp., has agreed to acquire the self-driving vehicle business Level 5 from Lyft.

Singapore-based ride-hailing company Grab is expected to go public via a SPAC with a fund from Altimeter Growth, according to a report.

The city of Aspen has been running a parking reservation pilot program with Coord that enables commercial delivery fleets to secure parking spaces for their vehicles.

The pandemic slashed ride volumes for medical transportation providers that brought patients to appointments. Now, some want to bring drugs and supplies to patients.

Southeast Asian rideshare company Grab is in talks to go public through a SPAC led by Altimeter Capital, according to published reports.

Gig workers are eligible for unemployment payments but verifying income levels can be difficult. The Workers Lab and Steady are teaming up to improve the process.

Volatile rates per hour and supply demands impacted gig economy drivers in 2020, but a brighter outlook is ahead.

Investments in its Eats and Delivery platforms have Uber on a path toward profitability as its Rides business recovers post-pandemic.

Lyft said it is investing in the business so it is positioned to benefit in an expected rideshare rebound, perhaps as early as Q2.

Lyft reported a 45% decline in active riders and 44% decline in revenue in Q4 as the pandemic continued to affect ridesharing.

Social Auto Transport aims to connect the gig economy with car dealers to help improve the customer service experience.

Ben Thrower’s commentary on whether we are approaching “peak car” will make you think about the present and the future…

BlaBlaCar sees this acquisition as a unifying opportunity for Eastern Europe’s fragmented market under a single platform to meet a greater diversity of rider needs.

“Uber for kids” companies view school transportation as a growth market.