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Another $600 million for Didi
By Martin Cowen
|
June 14, 2016
Didi has named its latest investor, with China Life getting on board to the tune of $600 million. The state-owned insurance firm's investment comes a few weeks after Didi picked up $1 billion from
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The killer slide (for Uber-watchers) in Mary Meeker's 2016 internet trends report
By Martin Cowen
|
June 8, 2016
Uber's ridesharing business UberPool has been highlighted in Mary Meeker's KPBC Internet Trends 2016 as part of the report's "Re-Imagining Transportation" section. "Shared private rides [are] beco
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Uber gets $3.5 billion from Saudi Arabia government
By Martin Cowen
|
June 2, 2016
Mobility continues to grab not only the headlines but also the cash, with Saudi Arabia's Public Investment Fund making a $3.5 billion investment in Uber. Reports say that this is the largest single
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News
/
Technology
Volkswagen invests $300 million in Gett
By Martin Cowen
|
May 26, 2016
Car makers are becoming increasingly involved in what used to be the taxi app sector, with Gett and Uber picking up funding this week from Volkswagen and Toyota respectively. Gett, which is a relat
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Sharing economy to triple by 2020
By Martin Cowen
|
May 23, 2016
The so-called sharing economy will be worth more than $20 billion a year by 2020 according to Juniper Research. The $20.4 billion figure is three times the $6.4 billion it thinks the sector was wor
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Consider the traveler's "chimp mind", not just your spreadsheets
By Martin Cowen
|
May 20, 2016
Uber is a success because of its maps, according to ad guru, TED speaker and vice-chairman of Ogilvy & Mather Group UK, Rory Sutherland. Sutherland was speaking at an event hosted by SilverRail
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Technology
Apple pumps $1 billion into China's Didi
By Martin Cowen
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May 13, 2016
The mobile-enabled global transportation industry has a new entrant - Apple. Didi Chuxing (formerly Didi Kuaidi) has confirmed a $1 billion investment from Apple as part of its latest funding round
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Europcar's Ubeeqo set for three new cities
By Martin Cowen
|
May 10, 2016
Europcar Labs is in line for a busy few months after its parent company Europcar highlighted some new initiatives and launches coming out of the dedicated innovation unit. The flagship product of E
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Uber strengthens ties with Alipay and Paytm
By Martin Cowen
|
May 3, 2016
Uber has taken a big step towards globalising its customer base by getting closer to Alipay and Paytm for international payments. In a statement Uber confirmed Alipay members will be able to pay fo
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Ride-sharing tipped to be a $6.5 billion sector by 2020
By Kevin May
|
April 26, 2016
Ride-sharing brands will see revenues grow to an estimated $6.5 billion within four years, a report into the sharing economy has suggested. Juniper Research forecasts the $3.3 billion the sector ma
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News
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Technology
Uber and Lyft continue to overshadow taxis and rentals in business travel
By Linda Fox
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April 21, 2016
Certify produces a quarterly report on business travel spending trends and in recent months has tracked the impact of new entrants such as Airbnb, Uber and Lyft. It's not a big story as we know, fr
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News
Expedia-backed Wingz, the airport ride service, talks expansion
By Kristine Hansen
|
April 8, 2016
Geoff Mathieux was on his way to the airport one day when he had an idea for a business start-up. Would it be possible to get a ride from someone else also en route to catch a flight? And so Wingz
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News
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Technology
Google gives Uber some competition, expands ground transport on Maps
By Kevin May
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March 16, 2016
Google has added a raft of new ground transportation services to its Maps product, with many of rivals of Uber now getting exposure. Mobile users of Google Maps will now be able to find ground tran
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News
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Technology
Egencia connects corporate travellers to Uber services
By Kevin May
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February 24, 2016
Business travellers are being handed additional ground transportation options on the Egencia mobile app, through an integration with Uber. The Expedia Inc-owned travel management company has partne
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News
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Technology
Uber bags $200m for emerging destinations drive
By Linda Fox
|
February 16, 2016
More funding for Uber as the ground transportation company gets a $200 million strategic investment from LetterOne. According to a statement the Luxembourg-based investment firm specialises in emer
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