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. 

hopper-175m-august-21
News / Online
Hopper raises another $175M, will add 500 employees
By Mitra Sorrells | August 17, 2021
Five months after a $170 million fundraise, Hopper is doing it again – this time $175 million in Series G financing, bringing its total raised to date to $585 million.   Read More
From burnout to money problems - why startups fail
News / Startups
From burnout to money problems - why startups fail
By Kevin May | August 17, 2021
The sad reality is that travel startups, even without a global pandemic to contend with, experience vast challenges to get them competing alongside existing and profitable companies. Read More
Zipp Mobility raises €1.3M for e-scooter expansion
News / Startups
Zipp Mobility raises €1.3M for e-scooter expansion
By Linda Fox | August 17, 2021
Ireland-based Zipp Mobility holds licenses to operate e-scooters in several U.K. locations. Read More
HumanForest adds £2.3M in funding for London e-bike launch
News / Startups
HumanForest adds £2.3M in funding for London e-bike launch
By Linda Fox | August 12, 2021
HumanForest has raised £4.5M in total and is backed by Cabify founders. Read More
karshare-funding
News / Startups
European car-sharing platform Karshare raises £3M for expansion
By Mitra Sorrells | August 9, 2021
Karshare says its revenue has increased 45% month-to-month across Bristol, Manchester, Coventry and London since the start of this year and now it will expand to new cities in the U.K. Read More
Voi adds $45M investment for e-scooter expansion and tech development
News / Startups
Voi adds $45M investment for e-scooter expansion and tech development
By Linda Fox | August 9, 2021
E-scooter company Voi initially announced its Series C round of $160 million in December 2020. Read More
booking-holdings-q2-2021
News / Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells | August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.   Read More
Ixigo acquires Abhibus, boosts presence beyond India's major cities
News / Online
Ixigo acquires Abhibus, boosts presence beyond India's major cities
By Linda Fox | August 5, 2021
The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s being sold for a mixture of cash and Ixigo stock. Read More
Uber basks in early recovery momentum with $4B quarterly revenues
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May | August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods... Read More
Lyft achieves adjusted EBITDA profitability for first time
News / Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells | August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More
Sabre revenues less than half of 2019 levels despite some travel resuming
News / Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May | August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic... Read More
Bolt rides off with €600M investment round
News / Technology
Bolt rides off with €600M investment round
By Linda Fox | August 3, 2021
Bolt, which calls itself Europe's super app, claims it is valued at more than €4 billion after its most recent Series E funding round. Read More
Sounding Off: Do the right thing on sustainability - from big moves to small
Interview / Technology
Sounding Off: Do the right thing on sustainability - from big moves to small
By PhocusWire | July 30, 2021
If a brand can inspire just one customer (or thousands) to do the right thing when they return home, by the way it behaves on the smaller things, then it's a strategy worth implementing. Read More
Ixigo raises $53M led by Singapore's sovereign wealth fund
News / Distribution
Ixigo raises $53M led by Singapore's sovereign wealth fund
By Mitra Sorrells | July 29, 2021
The round also has participation from Bay Capital Holdings, IE Venture Fund, India Acorn Fund, Malabar India Fund and others.  Read More
VIDEO: Booking.com on overcoming the travel payments mountain
News / Technology
VIDEO: Booking.com on overcoming the travel payments mountain
By PhocusWire | July 29, 2021
During the PhocusWire Pulse: Progress in Travel Payments session, Daniel Marovitz, SVP of booking.com's fintech arm talks about the ambitions for the unit. Read More
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