Uber

FlixBus Entering a Deal to Buy Rival Eurolines from Transdev

Ride-sharing and ride-hailing services are no more a new trend in the transportation industry. Some of the transport giants like Uber, Didi, and Lyft have gained popularity through offering on-demand private transportation services. However, with all these renowned transportation network companies, some adjacent business of bus services are also entering the market. A German startup, FlixBus, has already built an Uber-like network for managing passengers, drivers, and bus logistics on

Uber About to Make Tactical Exit from India’s Food Delivery System

Uber has gained popularity in India and many more markets due to their offerings in ride-hailing and food delivery services. Apart from India, Uber provides extraordinary services in Russia, China, and Southeast Asia too. However the contradiction occurs when Uber adamantly declared that they won’t exit Indian market very soon. After such statement, the question raised if Uber wanted to stop their food delivery business or anything else. People are

bike

Uber wants to explore autonomous bikes and scooters through integrating autonomous technology into its scooter and bike-share programs. At a DIY robotics event, 3D Robotics CEO Chris Anderson said that shared electric bikes and scooters will live soon. He also asserted that such bikes and scooters will live inside Uber’s JUMP group. However, Micromobility Robotics, the new division of Uber will be responsible for exploring autonomous bikes and scooters. These

Lyft

American ride hailing app Lyft, which is the second largest after Uber, plans on an initial public offering early next year and to that end it has hired J.P. Morgan Chase. The investment bank would lead its IPO which could help the company mop up a staggering US$15 billion from the market. This was revealed by sources who chose to remain anonymous. Already, Lyft managed to raise US$600 million in