Lyft takes on Uber with new self-driving partnership, stock climbs 20%

Lyft takes on Uber with new self-driving partnership, stock climbs 20%

Lyft’s shares soared by 20% on Thursday following a strong earnings report and a new autonomous-vehicle partnership, potentially shifting the company’s growth trajectory. Investors showed renewed confidence as Lyft announced a deal that could pave the way for future innovation and cost savings. Strong Quarterly Earnings Push Lyft Shares Upward Lyft reported better-than-expected quarterly earnings, […]

Yoshi Mobility ditches fuel business for bold electric future with EZFill deal

Yoshi Mobility ditches fuel business for bold electric future with EZFill deal

Yoshi Mobility, a leader in tech-enabled mobility services, has announced a strategic divestment of its fuel division, reinforcing its commitment to sustainability and electric mobility. The company will sell its fleet fueling operations to EZFill Holdings, with a letter of intent already signed. This move enables Yoshi Mobility to focus on three core growth areas: […]

Uber Technologies partners with Instacart to offer restaurant delivery through Instacart app

Uber Technologies partners with Instacart to offer restaurant delivery through Instacart app

In a significant development for both food delivery and grocery services, Uber Technologies, Inc. (NYSE: UBER) has partnered with Instacart (Nasdaq: CART) to offer Uber Eats restaurant delivery services directly through the Instacart app. This collaboration aims to combine the strengths of both platforms, enhancing the user experience and expanding their market reach. Expanded Services […]

Moove secures $100m in Series B to expand global reach and enhance EV offerings

Moove secures $100m in Series B to expand global reach and enhance EV offerings

In a major move that underscores the rapid evolution of the global mobility landscape, Moove, the fintech revolutionizing access to vehicle ownership, has announced a $100 million Series B funding round, catapulting the company’s valuation to an impressive $750 million. This latest financial injection, with significant contributions from Uber and Mubadala—the latter leading Moove’s previous […]

TotalEnergies, Uber to expedite shift towards electric urban mobility

TotalEnergies, Uber to expedite shift towards electric urban mobility

TotalEnergies and Uber have entered into a partnership for expediting the transition of the latter’s drivers towards electric mobility by offering support for vehicle conversion and also easier access to charge points. The partnership will initially target France with the potential to extend it to other countries in Europe. Uber has set a target to […]