Ground Transportation

PhocusWire's in-depth coverage of the ground transportation sector, featuring news, analysis, interviews, research and more on car rental, ride-hailing, taxis and rail. 

getaround-spac-ipo
News / Online
Getaround plans public listing via SPAC
By Linda Fox | May 13, 2022
The company has agreed to merge with InterPrivate II Acquisition Corp with a value of $1.2 billion for the combined entity. Read More
campiri-funding
News / Startups
Czech camper van rental marketplace adds €2.7M to seed round
By Mitra Sorrells | May 13, 2022
Campiri says it will use the funding to enter new markets, add to its team and to purchase vehicles to sell to others that want to rent on the platform.  Read More
kakao-mobility-splyt
News / Distribution
Kakao Mobility partners with Splyt to expand transportation app
By Linda Fox | May 12, 2022
The deal enables users of the Kakao T app to access local taxis, private cars and motorcycles in seven additional countries. Read More
cabify-electric-vehicles
News / Online
Cabify gets EU bank loan for electric vehicle rollout
By Linda Fox | May 12, 2022
The investment will help Cabify achieve its target of a zero-emission fleet in Spain by 2025 and worldwide by 2030. Read More
Bookaway revs up with $35M in Series C funding
News / Startups
Bookaway revs up with $35M in Series C funding
By Linda Fox | May 10, 2022
The company, whose brands include 12Go, GetByBus and Plataforma 10, has now raised a total of $80 million.   Read More
Iomob partners with Next Earth metaverse for journey planning
News / Technology
Iomob partners with Next Earth metaverse for journey planning
By Linda Fox | May 9, 2022
The aim of the partnership is to collaborate on the development of a service to plan real-life journeys via the metaverse. Read More
Inside Expedia Group's new unified loyalty program
News / Online
Inside Expedia Group's new unified loyalty program
By Jill Menze | May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands. Read More
Looking ahead to a sustainable, peer-to-peer car rental segment
News / Distribution
Looking ahead to a sustainable, peer-to-peer car rental segment
By Phocuswright Research | May 9, 2022
With the echo of the 2020 downturn still lingering, eyes were on 2021 as the year that would kickstart the pandemic recovery for the car rental sector. Read More
ALERTS: New deals, products, partnerships and hires in digital travel
News / Technology
ALERTS: New deals, products, partnerships and hires in digital travel
By PhocusWire | May 6, 2022
The backbone of the travel, tourism and hospitality industry is powered by technology and digital services. Here we capture new deals and partnerships, product launches and important hires all in one... Read More
booking-holdings-q1-2022
News / Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells | May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.   Read More
Uber hits record $6.9B revenue for a financial quarter
News / Online
Uber hits record $6.9B revenue for a financial quarter
By Kevin May | May 4, 2022
The delivery arm business attracted almost $14 billion in gross bookings year on year in Q1, with mobility at $10.7 billion (up 58% year over year). Read More
lyft-q1-2022
News / Online
Lyft Q1 profit of $55M exceeds outlook by $40M
By Mitra Sorrells | May 3, 2022
Lyft achieved adjusted EBITDA of $55 million and revenue of $876 million in the first quarter of this year. Read More
movable-ink-funding
News / Technology
Movable Ink bags $55M for personalization tech push
By Linda Fox | May 2, 2022
Movable Ink works with a number of travel companies on content personalization including Delta Air Lines, MGM Resorts, Princess Cruises and Uber. Read More
Update: Swvl, Zeelo acquisition agreement terminated
News / Startups
Update: Swvl, Zeelo acquisition agreement terminated
By Linda Fox | April 29, 2022
Plans for shared mobility and transit company Swvl to acquire smart bus platform Zeelo have been called off. Read More
Bolt sees massive uptick in scooter usage, commits €150M to micromobility
News / Online
Bolt sees massive uptick in scooter usage, commits €150M to micromobility
By Jill Menze | April 27, 2022
With the number of scooter rides jumping more than 500%, Bolt plans to expand its operations. Read More
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