Lyft has released its second annual diversity report outlining the gender and racial breakdown of its 4,000-person workforce. At a glance, little has changed from last year’s report, which was the first time the $15 billion ride-hailing company disclosed its diversity stats. Forty percent of Lyft’s workforce is female, a slight decrease from last year’s 42 percent, […]
View More Lyft unveils second annual diversity reportCategory: commuting
Uber is investing $150M in Toronto to expand self-driving car efforts
Months after an Uber self-driving vehicle struck and killed a pedestrian in Tempe, Arizona, the ride-hailing giant has announced it’s adding a new engineering hub in Toronto and expanding its autonomous research team as it refocuses its self-driving car efforts.
View More Uber is investing $150M in Toronto to expand self-driving car effortsUber is getting a new look
Uber has broken up with the bits and atoms logo it unveiled in 2016. This morning, the company updated their website and app with a brand spankin’ new logo as part of a rebrand it’s rolling out in the coming months. The move comes two days after Uber tapped former Coca-Cola executive Rebecca Messina to […]
View More Uber is getting a new lookLatin 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 marketGirls 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 donationsUberAIR to take flight with help from UT Austin and U.S. Army Research Labs
After three months of discussions, Uber Elevate has selected The University of Texas at Austin as its partner alongside the U.S. Army Research Laboratory to develop new rotor technology for vehicles that the company will use in its uberAIR flying taxi network. The news is the latest step in Uber’s plans to get demonstration flights […]
View More UberAIR to take flight with help from UT Austin and U.S. Army Research LabsSpanish ‘anti-Uber’ taxi strike ends after government agrees new regulation
A national six-day taxi driver strike in Spain has ended after the government agreed to pass regulation that will allow the country’s autonomous communities to cap the number of private hire vehicle permits within their cities. The VTC licenses are used by Uber and local ride-hailing rival Cabify to offer professional driver services in the country. […]
View More Spanish ‘anti-Uber’ taxi strike ends after government agrees new regulationGrab picks up $2 billion more to fuel growth in post-Uber Southeast Asia
Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, […]
View More Grab picks up $2 billion more to fuel growth in post-Uber Southeast AsiaSoutheast Asia’s Grab hit by backlash over changes to customer loyal program
Life without Uber should be simple for Grab, but a battle with regulators in Singapore could see the company’s acquisition of Uber’s Southeast Asia business unwound while some consumers have voiced concern around a lack of competition. Grab co-founder Hooi Ling Tan recently claimed competition remains in the market, but that hasn’t stopped another consumer backlash […]
View More Southeast Asia’s Grab hit by backlash over changes to customer loyal programUber’s Indian rival Ola is aiming for an IPO in 3-4 years
Ola, Uber’s chief rival in India, is planning to go public potentially as soon as in three years time, according to its CEO. Co-founder and chief executive officer Bhavish Aggarwal told the audience at an event in Bengaluru last week that seven-year-old Ola is poised to become a cash flow positive business — having recently hit operational […]
View More Uber’s Indian rival Ola is aiming for an IPO in 3-4 yearsIn London, Uber has won the battle but risks losing the war
Bradley Tusk Contributor Bradley Tusk is the founder and CEO of Tusk Ventures. More posts by this contributor Shockingly, Congress acted responsibly in regulating autonomous cars… So what’s next? When don’t f*** with people’s cars became don’t f*** with people’s phones The sighs of relief are palpable. Uber can keep operating in London. With 3.6 […]
View More In London, Uber has won the battle but risks losing the warThe race to build autonomous delivery robots rolls on
It’s been a busy year in delivery robot land. Starship Technologies sounded the starting gun to bring autonomous delivery vehicles to market with a $17.2 million round led by Daimler back in January 2017. Then in January this year the Mountain View, Calif.-based company Nuro, raised the curtain on its own vision for robo-delivery with a […]
View More The race to build autonomous delivery robots rolls on