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, 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: […]
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 […]
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 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 […]
Zomato acquisition of Uber Eats India : Indian food delivery app Zomato has acquired Uber Eats India – the food delivery business of US ride hailing company Uber in India in an all-stock deal. As per the terms of the deal, Uber gets a stake of 9.9% in Zomato for the sale of Uber Eats […]
The ride-sharing company Uber has launched special cabs in Bengaluru to assist differently-abled and elderly people, which is a first of its kind initiative in India. This special program called Uber Access and Uber Assist, the cabs come with an in-built ramp and extra legs space for those who use wheel chairs. Uber launched these […]