Lime says it will spend $50M to expand its network, doubling the number of cities in which it operates, and roll out a new e-bike
Andrew J. Hawkins / The Verge :
Ford will increase its investment in autonomous vehicles to ~$7B over 10 years through 2025, $5B of that from 2021 onward, as part of its Ford Mobility efforts
Andrew J. Hawkins / The Verge :
Uber announces an hourly booking feature that lets people book trips for up to seven hours at a time, for $50 an hour
for an hour Paul Sawers / VentureBeat : Uber now lets U.S. riders book trips for $50 an hour Andrew J. Hawkins / The Verge : Uber introduces a new hourly rate for longer, multistop trips Heather Chero...
Lyft unveils Lyft Pink, a membership plan for $19.99 per month with a 15% discount on all car rides, ditches earlier $299-per-month All-Access Plan
Andrew J. Hawkins / The Verge :
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
and Wall Street is thrilled Tweets: @cnbc : “We're probably a couple years away from really being in the clear here.” Here's what 3 experts had to say about Uber's first-ever quarterly earnings report...
Study: between 2010 and 2016, traffic congestion in San Francisco grew by about 60%, with Uber and Lyft vehicles accounting for more than half of that increase
Andrew J. Hawkins / The Verge : Tweets: @violetblue Tweets: Violet Blue / @violetblue : No, we haven't been imagining the beatdown of our roads, constant traffic jams, worsening smog... New study fin...
Lyft launches a fleet of around 350 electric scooters in Denver, its first market, available for $1+ from 6AM to 8PM daily
Andrew J. Hawkins / The Verge :
Arlington, TX ditches charter buses as public transportation for a ridesharing service called Via, which will offer $3 rides and have 10 commuter vans on call
Andrew J. Hawkins / The Verge :
Self-driving car startup Voyage says it will launch a taxi fleet in Florida's The Villages, a 125K-person retirement community, after $20M Series A in 2017
Andrew J. Hawkins / The Verge :
Uber adds new fees to compensate drivers for slow passengers, longer trips to pick up riders, and ride cancellations
Andrew J. Hawkins / The Verge :