Page 2 - Ride-hailing Apps
Southeast Asia's ride-hail firm Grab considering U.S. IPO this year: Report
Grab is a Singaporean ride-hailing firm
 "Southeast Asia's ride-hail firm Grab considering U.S. IPO this year: Report")
Grab raises $300 million for its fintech arm's ambitious expansion
Ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business
Uber, Ola face DG-GST Intelligence probe related to alleged tax evasion
Summons issued to officials of the two firms for hundreds of crores of alleged evasion
 "Uber, Ola face DG-GST Intelligence probe related to alleged tax evasion")
Amazon's Zoox unveils 'Robotaxi' for future ride-hailing service
The vehicle, which Zoox describes as a driverless carriage or robotaxi, can carry as many as four passengers
 "Amazon's Zoox unveils 'Robotaxi' for future ride-hailing service")
Ola to launch its electric two-wheeler range in New Zealand next year
Earlier this year, Ola announced plans of hiring over 2,000 people for its electric business
 "Ola to launch its electric two-wheeler range in New Zealand next year")
Uber in advanced talks to sell air taxi business Elevate: Report
Uber has been working on various other businesses, including the development of self-driving cars, the Elevate project and a freight logistics network.
 "Uber in advanced talks to sell air taxi business Elevate: Report")
Fixing what isn't broken
The new ride-hailing regulations are ill-conceived
 "Fixing what isn't broken")
India to allow Uber and rivals to charge 20% commission
India accounts for an estimated 11% of Uber's global rides annually
 "India to allow Uber and rivals to charge 20% commission")
Govt brings out new rules for tighter scrutiny of ride hailing apps
The government has said that non-compliance with these norms would also invite penalties
 "Govt brings out new rules for tighter scrutiny of ride hailing apps")
Uber sees slowest recovery of US ride business, deliveries more than double
Uber said demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most
 "Uber sees slowest recovery of US ride business, deliveries more than double")
64% of India's GenZ questions need to own a car: Deloitte global survey
The study also dwells on consumer preference with regard to data privacy and the money Indian buyers are willing to spend on connected vehicles.
 "64% of India's GenZ questions need to own a car: Deloitte global survey")
Ola begins onboarding drivers in London as rival Uber loses licence
Over 50,000 licenced drivers will now be assured that they can continue to provide mobility services in London. Drivers can initiate their registration on the Ola app
 "Ola begins onboarding drivers in London as rival Uber loses licence")
New Motor Vehicles Act spurs ride-hailing firms to lobby for concessions
Wish list includes all-India permit
 "New Motor Vehicles Act spurs ride-hailing firms to lobby for concessions")
60-second ad warns riders about Uber and Lyft, but some call it alarmist
The ad is the third in a campaign introduced in 2015 to promote Ride Responsibly, an initiative that encourages riders to "think before you app"
 "60-second ad warns riders about Uber and Lyft, but some call it alarmist")
The downside of ride-hailing: More New York City gridlock
The price of a car pool ride with the apps can be as low as $5
 "The downside of ride-hailing: More New York City gridlock")
