Hints and tips:
Related Special Reports
Related Topics
...Red tape is frustrating the efforts of Big Tech in China to launch electric vehicles, with car rollouts from search giant Baidu, smartphone maker Xiaomi and ride-hailing group Didi all being stalled....
...Under the restructuring agreement announced on Wednesday, Bird will essentially be taken over by its creditors....
...Customers are less likely to ride bikes and scooters in cold or wet weather, and their operators lose business as tourism wanes in many cities....
...We reached the highest level of annual riders in our history, delivered over 700mn rides, and helped drivers take home over $8bn . . ....
...Meanwhile, Uber seems to be turning on the taps in its ride-hailing division....
...Under co-founder Travis Kalanick, the company had raised huge amounts of capital in an aggressive global push to dominate the ride-sharing market....
...Uber chief executive Dara Khosrowshahi has received options to buy stock worth about $136mn after hitting a performance target to secure a $120bn valuation for the ride-hailing company....
...Co-founder Kalanick had propelled Uber from a San Francisco start-up to a global business, raising vast amounts of venture capital in an effort to dominate the ride-hailing market....
...Under chief executive Dara Khosrowshahi, Uber has pushed into businesses beyond its core ride-sharing and restaurant delivery segments, including grocery delivery and advertising, which has boosted margins...
...The Chinese ride-hailing group has posted its first profit since Beijing’s crackdowns in 2021....
...The hard question is: now that Uber has cut expenses and raised prices in its core ride-sharing (“Mobility”) business, what is its growth rate?...
...The terns diving between us, we ride in great swooping arcs, lit with exhilaration....
...“Onwards, onwards we ride..."...
...If you’ve been under a rock, here’s the latest via the Borg: Lyft Inc....
...Brussels has taken another tentative step towards improving employment conditions for workers at ride-sharing and delivery groups such as Uber and Deliveroo, following a long fight with individual member...
...Shares of Lyft soared more than 60 per cent on Tuesday before falling back sharply, after an error in the ride-hailing company’s quarterly earnings release exaggerated the outlook for margin growth in 2024...
...Over the years, the ride-hailing and food delivery company has handed out generous equity awards to employees, inflating the total share count....
...These thin margins — a $10 fare only results in 20 or 30 cents of company operating profit — demonstrate that the companies require a massive volume of rides to be profitable....
...San Francisco-based Uber has begun inviting London black-cab drivers to register for its planned new service, despite continued opposition to the ride-hailing company from the Licensed Taxi Drivers’ Association...
...Kassan’s claim alleges that “Zimmer (and his wife) were on the very plane rides (there were numerous)”, which the chief executive complained had not been approved....
...Chinese ride-hailing group Didi has curtailed its car-making ambitions with the sale of a business unit to electric-vehicle manufacturer Xpeng, as new entrants in the EV industry find it harder to gain production...
...Record youth unemployment means an oversupply of workers in the ride-hailing sector....
...For Juniper, this marks the conclusion of a wild ride as a public company....
...I find myself getting familiar with the two-wheeled ride I have been lent for the race, a Yamaha XSR900....
...Lyft, the ride-hailing company, raised $460mn the week after its financial results prompted a 35 per cent share price rally....
International Edition