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NewsMarch 19, 2018

Lyft Tests Subscription Service

Various subscription and pricing models have been rolled out for testing, including all-access passes for 30 standard Lyft rides for $199 per month, 60 standard rides for $399 per month, and $300 per month.

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NewsMarch 7, 2018

Uber Disputes MIT Wage Study

In a blog post, Uber Chief Economist Jonathan Hall cited previous studies that found Uber drivers make wages closer to $13.04 per hour after expenses, compared to the $3.37 per hour found by the MIT paper.

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NewsMarch 3, 2018

MIT Study: Uber, Lyft Drivers Net $3.37 an Hour

The study also found that 30% of ride-hailing drivers are losing money once vehicle expenses are included.

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NewsJanuary 17, 2018

Calif. Judge to Approve $7M Uber Settlement

The lawsuit was brought against the company by drivers in California for alleged labor-code violations.

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NewsJanuary 10, 2018

Car Rental Revenue Up at St. Louis Airport after Uber, Lyft Added

Revenue from car rentals increased 7.2% at St. Louis Lambert International Airport after three months, while taxi pickups dropped by 19.5%.

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NewsJanuary 8, 2018

Australian Startup Splend Raises $227M in Financing

Splend rents vehicles to Uber drivers who don't own their own cars.

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NewsDecember 27, 2017

Uber Selling Leasing Business to Digital Startup

Uber will sell its Xchange Leasing division to Fair, a digital car marketplace. Xchange Leasing had been losing $9,000 per car.

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NewsDecember 12, 2017

ComfortDelGro Buys Majority Stake in Uber’s Car Rental Subsidiary in Singapore

Singaporean transport giant ComfortDelGro and Uber have entered into a strategic agreement to form a joint venture, subject to regulatory approval.

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NewsNovember 20, 2017

Volvo to Supply Uber 20K+ Autonomous Vehicles

Under a framework agreement, the automaker will sell the ride-hailing company autonomous driving-compatible base vehicles from 2019 to 2021.

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NewsNovember 2, 2017

HyreCar Expands to New York

HyreCar, a peer-to-peer carsharing marketplace that connects vehicle owners with potential drivers, has expanded its service to New York state.

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