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. 

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
Uber sees revenue gains, profitability for delivery business
News / Online
Uber sees revenue gains, profitability for delivery business
By Jill Menze | February 9, 2022
For Q4 2021, Uber revenue climbed 83% to $5.8 billion, while its delivery business reached adjusted EBITDA profitability. Read More
goto-global-to-go-public
News / Online
Israeli shared mobility company GoTo Global to go public
By Mitra Sorrells | February 9, 2022
 GoTo has more than 450,000 subscribers that book cars, bikes, electric scooters and mopeds in its app. Read More
Lyft posts first full year of adjusted EBITDA profitability
News / Online
Lyft posts first full year of adjusted EBITDA profitability
By Jill Menze | February 8, 2022
The ride-hailing app also reports “new COVID records” for Q4 2021. Read More
fetcherr-atpco-partnership-data
News / Startups
Travel pricing startup Fetcherr to leverage ATPCO fare data
By Mitra Sorrells | February 8, 2022
Fetcherr uses AI and deep learning technologies to provide pricing and workflow optimization strategies to improve revenue performance. Read More
Swing attracts $24M, plots expansion of micromobility services to Japan
News / Startups
Swing attracts $24M, plots expansion of micromobility services to Japan
By Linda Fox | February 7, 2022
South Korea-based Swing will use the new funds to increase its fleet of e-scooters, e-bikes and e-mopeds and expand to other countries. Read More
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