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.

News / Startups

Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake

By Linda Fox | February 11, 2021

Lufthansa Group and Porsche are now minority stakeholders in the startup, with Porsche’s Forward31 venture arm acquiring a stake. Read More

News / Online

Uber reports uptick in revenue as delivery remains bright spot

By Jill Menze | February 10, 2021

Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020. Read More

News / Online

Lyft revenue grows 14% in Q4 to $570M

By Mitra Sorrells | February 9, 2021

Lyft says it expects to be profitable no later than the fourth quarter of this year. Read More

News / Technology

Rad Power Bikes raises $150M to grow e-bike business

By Jill Menze | February 4, 2021

The Seattle-based direct-to-consumer brand will use the funds to scale its retail and service offerings. Read More

News / Distribution

Ixigo buys train booking app Confirmtkt to serve India’s $8B rail market

By Mitra Sorrells | February 4, 2021

The deal aligns with the Indian online travel agency’s decision in 2019 to focus on flights, trains and buses. Read More

News / Online

Uber acquires alcohol delivery service Drizly in $1.1B deal

By Jill Menze | February 2, 2021

As part of the deal, Drizly will become a wholly owned subsidiary of Uber, and its marketplace will be integrated with the Uber Eats app. Read More

News / Distribution

Business travel expected to make full recovery by 2025

By Kevin May | February 2, 2021

According to GBTA, global business travel spending slumped by over a half to $694 billion during a coronavirus-hit 2020. Read More

News / Online

Grab boosts liquidity with $2B loan facility

By Linda Fox | February 1, 2021

Grab says the five-year term loan enables it to boost liquidity and mix up its funding sources. Read More

News / Online

Klook raises $200M round in bid to widen platform to other services

By Kevin May | January 26, 2021

The new round brings the total raised by Hong Kong-based Klook to more than $720 million since the company's launch in 2014. Read More

Opinion / Technology

Four trends that could define the future of sightseeing and experiences

By Alex Bainbridge - Autoura | January 21, 2021

What were the key moments in 2020 in tours and activities, beyond the complete destruction of our collective livelihoods caused by COVID? Read More

News / Technology

Microsoft bets on autonomous vehicle tech with investment in GM's Cruise

By Jill Menze | January 21, 2021

Microsoft is backing a $2 billion funding round for General Motors’ driverless car unit Cruise as part of a long-term strategic relationship. Read More

News / Startups

Mobility startup Meep hitches a ride with €4M round

By Kevin May | January 19, 2021

The Series A funding round comes just over a year since a €1.5 million seed round into the mobility app and white label platform. Read More

News / Online

AirAsia calls itself an "OTA challenger" amid big digital travel ambitions

By Linda Fox | January 15, 2021

AirAsia.com is drawing on its 75 million customer base, loyalty program and joining the data dots to build its OTA. Read More

News / Online

Gett completes $115M round, plans global expansion

By Linda Fox | January 14, 2021

Gett, which aggregates ground transport for corporates, wants to continue to roll-out the platform worldwide. Read More

News / Technology

VIDEO: Using tech to go from overtourism to sustainable tourism

By PhocusWire | January 13, 2021

Now is the time for destinations to build strategies to manage the recovery and avoid some of the problems that developed as a result of too many tourists flooding popular areas. Read More

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