Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months after their big exit, the pair joined forces with Eduardo Musa, who spent two decades in the bicycle industry, to start another São Paulo-based mobility startup. […]

View More Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

Latin America is the next stage in the race for dominance in the ride-hailing market

Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America’s Groupon Mafia A new era for startup investing in Latin America As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the […]

View More Latin America is the next stage in the race for dominance in the ride-hailing market

Taxify is entering the e-scooter game

Estonian ride-hailing company Taxify will compete with Bird and Lime in Europe with its new brand of e-scooters, called Bolt, launching in Paris on Thursday.

The company has rolled the scooter sharing service into its mobile app, which has attracted 10 million users in 25 countries since it launched in August 2013.

View More Taxify is entering the e-scooter game

Didi makes more safety changes — and will pause night services while it does

Chinese ride-hailing giant Didi has detailed further safety measures incoming to its platform following a second murder of a female passenger last month. The 20-year-old woman had been using Didi’s Hitch carpooling service in Zhejiang, a province in the east of China, during the day. Another female user of the p2p service was murdered in May, after […]

View More Didi makes more safety changes — and will pause night services while it does

Avrios has quietly raised $14M for an AI-fueled fleet management platform

Swiss startup Avrios reckons business mobility is going to get a whole lot more interesting as companies adopt more tailored mobility solutions, rather than sticking with the traditional one car per person model. And at the same time as businesses are seeking to accelerate their progressive cred by moving away from combustion cars to greener alternatives, new […]

View More Avrios has quietly raised $14M for an AI-fueled fleet management platform

Girls Who Code brings in $1M from Lyft rider donations

Girls Who Code, an organization focused on closing the gender gap in tech, has raised $1 million from Lyft riders since the ride-hailing company added the non-profit organization to its Round Up & Donate program last year.

The program allows participating charities, which has included Habitat for Humanity and World Wildlife Fund, to receive small donations from Lyft riders, who can opt-in by visiting the Round Up & Donate tab within settings in the Lyft app. The feature rounds up your trip payments to the nearest dollar and donates the difference.

View More Girls Who Code brings in $1M from Lyft rider donations

China’s Didi suspends carpooling service after another female passenger is mudered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a female passenger. The fatally is the second such incident this year after a passenger was murdered in May. Police this weekend arrested a man who is accused of raping and […]

View More China’s Didi suspends carpooling service after another female passenger is mudered

The lobbying is fast and furious as gig companies seek relief from pro-labor Supreme Court ruling

For four years, Edhuar Arellano has left his house at 7 a.m. on weekdays to drive customers around the Bay Area for Lyft and Uber. Most days, he doesn’t get home to Santa Clara until 11 p.m. On weekends, he delivers pizzas to make ends meet.

View More The lobbying is fast and furious as gig companies seek relief from pro-labor Supreme Court ruling

Southeast Asia’s Grab plans electric vehicle push

Grab, the ride-hailing company that consumed Uber’s business in Southeast Asia, today made a big push to grow the number of electric vehicles in its fleet after it partnered with energy supplier Singapore Power. The deal will see Grab add 200 new ‘fast-charging’ EVs to its fleet in Singapore with SP providing “preferential” pricing at the […]

View More Southeast Asia’s Grab plans electric vehicle push

Hyundai leads $14.3M investment in Indian car rental startup Revv

Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the second largest seller of cars in India, initially announced an undisclosed investment in Revv this week, but now the startup has confirmed that the capital is part of a larger 100 […]

View More Hyundai leads $14.3M investment in Indian car rental startup Revv

China’s Didi beefs up its newly-independent car services business with an acquisition

A week after spinning out its driver services business and giving it $1 billion in investment capital, Didi Chuxing has added to it through an acquisition. Xiaoju Automobile Solutions (XAS), which the Didi spinout is called, announced today it has bought Hiservice, a three-year-old company that provides after-service care for car owners using a digital platform. […]

View More China’s Didi beefs up its newly-independent car services business with an acquisition