Category: ridesharing

Lyft just started experimenting with car rentals in San Francisco

[ad_1] “We’re constantly adding multimodal options so people can use Lyft for any kind of trip,” said a spokesperson in an email confirming the program. “We’ve added bikes, scooters, and public transit info into the app in cities across the country, and we’re currently testing a small-scale rental option for long-distance trips, like a weekend […]

Uber and Lyft stop accepting new drivers in NYC

[ad_1] In a notice on its website, Uber attributed its hiring freeze to new regulations by the Taxi and Limousine Commission (TLC), the governing body that regulates rideshare and taxi industry in New York City. As a result of the new TLC regulations passed in December 2018, rideshare companies in NYC are now penalized for […]

Lyft adds New York’s Citi Bikes to its app

[ad_1] This isn’t entirely surprising given that Lyft acquired Citi Bike’s parent company, Motivate, last year and immediately struck a deal to invest $100 million in New York City’s fleet. In a blog post, the company says it will expand this new feature to other cities soon — though there’s no estimated timeline for that. […]

Uber files for its IPO and faces the past

[ad_1] Ten years after the company was founded, Uber is finally ready to go public. The company revealed its S-1 filing for an IPO this afternoon, and as such opened up more information to everyone about its finances and concerns going forward. Going through the document, a lot of those concerns involve the past, particularly […]

Open Curbs database could make it easier to catch an Uber

[ad_1] The initial data will include info from Coord’s own Surveyor augmented reality app, with initial city data for Denver, Los Angeles, Milan, Paris, San Francisco and Santa Monica. The company plans to support other forms of curb data in the future, however. If it takes off, it could quickly become a one-stop shop for […]

Uber is expected to buy its Middle Eastern rival Careem

[ad_1] We’ve asked Uber for comment. The move might be a shrewd one. Uber is believed to be publicly filing for its IPO in April, and snapping up Careem would give investors an extra reason to back the company. On top of that, one of the company’s largest backers is a Saudi Arabian wealth fund […]