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. 

Q&A: Eurail on its digital-first rebrand
News / Online
Q&A: Eurail on its digital-first rebrand
By Jill Menze | March 17, 2022
Eurail’s Yi Ding explains the idea behind the company’s new identity and how Eurail is looking to digitally evolve. Read More
GoTo looks to raise $1B for mobility services via IPO
News / Online
GoTo looks to raise $1B for mobility services via IPO
By Linda Fox | March 16, 2022
The company was formed last year by the merger of Gojek and Tokopedia. Read More
Fifteen rides away with €40M in fresh funding
News / Technology
Fifteen rides away with €40M in fresh funding
By Linda Fox | March 9, 2022
The France-based company is the combination of Zoov and Smoove, after the pair merged in 2021. Read More
Grab posts loss of $3.6B in 2021, claims "strongest year yet"
News / Online
Grab posts loss of $3.6B in 2021, claims "strongest year yet"
By Kevin May | March 7, 2022
The Singapore-based ride-hailing and delivery brand posted revenue of $675 million for the 2021 financial year, up by 44% on the previous 12 months. Read More
tier-acquires-spin
News / Startups
Tier expands to North America with acquisition of Spin
By Mitra Sorrells | March 3, 2022
This is Tier's fourth acquisition in less than a year and gives it entry into the United States and Canada.        Read More
uber-explore-launch
News / Online
Uber moves closer to super app, adds experiences bookings
By Jill Menze | March 2, 2022
Called Uber Explore, the ride-hail company’s new product allows users to browse and book experiences such as dinner reservations. Read More
beam-funding
News / Startups
APAC micromobility startup Beam raises $93M for expansion
By Mitra Sorrells | February 28, 2022
Founded in 2018, Beam currently operates in 35 cities across Australia, New Zealand, South Korea, Thailand and Malaysia. Read More
Busbud expands in Latin America with fresh funding, acquisition
News / Online
Busbud expands in Latin America with fresh funding, acquisition
By Jill Menze | February 23, 2022
Montreal-based bus ticketing marketplace Busbud has raised $11 million in funding and acquired Chile-based Recorrido. Read More
udrive-5m-funding
News / Startups
Pay-per-minute car rental startup Udrive raises $5M
By Mitra Sorrells | February 23, 2022
Founded in 2017, Udrive says it had strong growth in 2021, with two million trips to date, making it one of the largest booking platforms by transactions per car in the Middle East and Africa region. Read More
Daytrip closes €6M round for intercity car trip platform
News / Online
Daytrip closes €6M round for intercity car trip platform
By Linda Fox | February 22, 2022
The investment in the Czech Republic-based startup was led by Euroventures, with existing investors J&T Ventures, Nation 1 VC and Pale Fire Capital also involved. Read More
RideCo lands $20M for transit tech development
News / Technology
RideCo lands $20M for transit tech development
By Linda Fox | February 21, 2022
Eclipse Ventures led the investment in the Canada-based company, which was set up in 2015 to help simplify transit challenges. Read More
AirAsia and Avolon fly off with airborne ride-sharing service
News / Technology
AirAsia and Avolon fly off with airborne ride-sharing service
By Kevin May | February 17, 2022
The carrier has signed a deal with Avolon to lease at least 100 VX4 eVTOL aircraft, which it says will be used to provide "advanced air mobility" to passengers. Read More
hertz-invests-ufo-drive
News / Startups
Hertz invests in Ufodrive to build digital rental experience
By Linda Fox | February 16, 2022
The Series A investment was co-led by Certares, in partnership with Knighthead Capital Management. Read More
ANA and Joby to develop airport-city center air taxi service
News / Technology
ANA and Joby to develop airport-city center air taxi service
By Kevin May | February 15, 2022
The pair say the service could reduce transfers from Osaka station to Kansai International Airport, for example, from one hour by car to 15 minutes over 31 miles. Read More
Cogo acquires eScoot in mobility aggregator consolidation
News / Startups
Cogo acquires eScoot in mobility aggregator consolidation
By Linda Fox | February 14, 2022
Cogo and eScoot help users find and book electric scooters, bikes, cars and mopeds in cities across Europe. Read More