
Uber’s board of directors has voted unanimously to appoint Dara Khosrowshahi to be its new CEO. Khosrowshahi, the former CEO of Expedia, has accepted the position.
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In the second quarter 2017, ride-hailing service Uber gained 2% to claim 55% of ground transportation overall, according to the Certify SpendSmart Report. Taxi dropped to 8% while car rental saw a two-point decline in business travel transactions.
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Following a disagreement with local regulators, Uber halted its ride-hailing service in Macau, China, as of July 22.
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Uber Founder Travis Kalanick has stepped down as the ride-hailing service's CEO after pressure from investors.
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Texas legislature approved HB 100, a bill that eliminates local ordinances for transportation network companies (TNCs). This legislation will help Lyft to re-enter Houston and for both Uber and Lyft to re-enter Austin, Corpus Christi, and Galveston.
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Pittsburgh has begun to reevaluate its relationship with Uber and the self-driving cars the company has been testing in the city, claiming the ride hailing company has reneged on several promises made to city officials and Mayor Bill Peduto.
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According to the Certify SpendSmart Report for Q1 2017, ride hailing now accounts for 59% of all ground transportation transactions. Car rental accounts for 31% of transactions while the taxi industry only takes 10%.
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Through this pilot program, Uber drivers can rent vehicles through Getaround’s peer-to-peer carsharing platform. It’s a flat fee of $5 per hour.
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According to a University of Colorado study, about 34% of people would have taken transit, biked, or walked if they hadn’t used ride-hailing services like Uber or Lyft. Passengers in Denver, Boulder, and various nearby suburbs were surveyed for four months.
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After a two-month suspension, Uber will have to partner with licensed rental car companies in order to resume its ride-hailing services in Taipei.
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