Uber

Lyft attracts investment from Alphabet in $1 billion round
News / Technology
Lyft attracts investment from Alphabet in $1 billion round
By Martin Cowen | October 20, 2017
CapitalG, an investment fund which is part of Google's parent company, Alphabet, is leading a $1 billion funding round for Lyft as money continues to pile into the "mobility" sector. At the time of Read More
Daimler brings Via's on-demand ride-share to Europe with $50 million JV
News
Daimler brings Via's on-demand ride-share to Europe with $50 million JV
By Martin Cowen | September 5, 2017
When he was at Expedia Inc, Dara Khosrowshahi's perspective on the competitive landscape came from the elevated position of running one of the biggest global online travel agencies. Now that he is Read More
Wasting no time, Expedia taps Okerstrom as new chief executive officer
News / Online
Wasting no time, Expedia taps Okerstrom as new chief executive officer
By Michele McDonald | August 30, 2017
Expedia Inc. moved quickly to replace its departing chief executive officer, naming Mark Okerstrom to the position. Okerstrom, currently chief financial Officer and executive vice president of oper Read More
Interview: Dara Khosrowshahi remains mum on Uber job, highlights Expedia growth
Interview / Distribution
Interview: Dara Khosrowshahi remains mum on Uber job, highlights Expedia growth
By Kerry Medina | August 30, 2017
On Tuesday morning at 10am Pacific Daylight Time, Dara Khosrowshahi sat comfortably in a conference room on the 17th floor of Expedia’s Bellevue, Washington headquarters, giving no indication of his p Read More
Beleaguered Uber offers chief executive job to Expedia Inc.'s Khosrowshahi
News / Online
Beleaguered Uber offers chief executive job to Expedia Inc.'s Khosrowshahi
By Michele McDonald | August 28, 2017
In a surprise move, the board of ride-hailing company Uber tapped Dara Khosrowshahi as its new chief executive officer. There are a few formalities that still need to be attended to, such as offici Read More
Uber's first deck - correct about GPS and data, less so on profit
News / Technology
Uber's first deck - correct about GPS and data, less so on profit
By Martin Cowen | August 25, 2017
If there is such a thing as a sharing economy historian, then access to Uber's first pitch deck could be a 21st century equivalent of the Holy Grail. Its former CEO and co-founder Garrett Camp has Read More
Didi adds another piece to its global jigsaw with Careem tie-up
News / Distribution
Didi adds another piece to its global jigsaw with Careem tie-up
By Martin Cowen | August 8, 2017
Didi, China's dominant taxi app and mobility services provider, has linked up Middle East based Careem, its second investment and strategic partnership announcement in a week. The pair "will share Read More
Sharing economy could be worth $40 billion by 2022
News
Sharing economy could be worth $40 billion by 2022
By Martin Cowen | July 24, 2017
Juniper Research's latest attempt to quantify the so-called sharing economy sees it place a value on the sector of $40.2 billion by 2022, compared with this year's $18.6 billion. The valuation is b Read More
Jaguar reveals $25 million Lyft stake
News / Technology
Jaguar reveals $25 million Lyft stake
By Martin Cowen | June 12, 2017
Jaguar Land Rover has invested $25 million in Lyft through its InMotionVentures investment arm. The funding was part of Lyft's $600 million Series G round which closed in April. InMotionVentures Read More
Amazon and its return to travel via the back door
News / Online
Amazon and its return to travel via the back door
By Kevin May | May 19, 2017
Not anticipating the scale of the impact of mobile on the travel industry is quite an admission. This is especially true when it comes from someone who has been involved in so many of the bleeding Read More
Adobe identifies AR, VR and wearables as travel trends to watch
News / Technology
Adobe identifies AR, VR and wearables as travel trends to watch
By Michele McDonald | April 27, 2017
Augmented and virtual reality, along with wearable technology, will be the new travel industry disruptors, according to a new report from Adobe Digital Insights. Consumers seem eager to embrace the Read More
Can technology address the concerns of business travellers?
News / Distribution
Can technology address the concerns of business travellers?
By Marisa Garcia | April 26, 2017
The Association of Corporate Travel Executives and American Express Global Business Travel have released a study of traveller trends including security and the so-called sharing economy. The 'Check Read More
Lyft signs off on $600 million cap-raise
News / Technology
Lyft signs off on $600 million cap-raise
By Kevin May | April 12, 2017
Car-sharing service Lyft has secured a $600 million investment round, bringing its total so far - $2.61 billion - to just over a fifth of that heading to arch-rival Uber. The Series G round is the Read More
How airlines can find an innovation mindset
News / Technology
How airlines can find an innovation mindset
By Viewpoints | March 22, 2017
We live in an age of technological acceleration where new ideas, new channels and disruptive technologies appear to be coming at us exponentially faster. The two most commonly cited answers to the Read More
International travellers have another taxi booking option
News / Technology
International travellers have another taxi booking option
By Martin Cowen | March 21, 2017
A new global network of ridesharing apps has been created, led by Careem in the Middle East and Yidao Yongche in China, using technology from Splyt, a firm based in London and Moscow. Splyt's co-fo Read More