ride-hailing companies News

Massachusetts Regulators Probe Uber Pricing During Storm

Massachusetts regulators are investigating whether ride-hailing company Uber violated state law by increasing prices during a powerful storm in March. The Boston Herald reports that the Department of Public Utilities, which oversees ride-hailing apps, sent Uber a letter last month …

Brazil Adopts Law Regulating Ride-Hailing Apps, with Insurance Requirement

Brazil President Michel Temer on Monday signed into law a bill regulating car-hailing apps like Uber without vetoing any provisions. The law will allow local governments to institute rules for the services, although Congress had voted to eliminate more stringent …

Ride-Hailing Firm Grab Aims to Be Major Financial Services Player in SE Asia

After gaining success in ride-hailing, Grab co-founder Anthony Tan is pushing his startup into a new challenge: catering to those under-served by traditional financial institutions in Southeast Asia. Tan, together with GrabPay Southeast Asia Managing Director Jason Thompson, laid out …

Asia’s Ride-Hailing Firms Compete with Banks – and Ultimately Insurers: Opinion

In Southeast Asia, mobile banking is taking on a whole new meaning. Last week, Grab, one of the region’s top ride-hailing companies, announced that users of its app can start sending credits — used to pay for rides — to …

China Ride-Hailing Firm, Didi, to Go Global After Record Funding

Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick one more thing to worry about. Didi’s record funding round is said to value the company at more than $50 …

Mercedes’ Parent, Daimler, Partners with Bosch to Develop ‘Robo-Taxis’

Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating the production of “robo-taxis.” The pact between the world’s largest maker of premium cars and the world’s largest automotive supplier …

Uber Prepares for First Public Hearing in New York Over Disclosure Rules

Uber Technologies Inc. is starting off the year preparing for a new political fight. As New York City seeks more information about ride-hailing drivers’ activities, it’s shaping up to be Uber’s second major conflict with the administration of Mayor Bill …

Uber, Lyft Drivers in Maryland Won’t Have to Submit Fingerprints

Uber and Lyft drivers in Maryland won’t have to submit their fingerprints for background checks after the ride-hailing companies complained about the proposal. The Maryland Public Service Commission announced Thursday that it has approved an alternative background check process for …

Lawmakers OK Uber, Lyft to Operate in New Jersey

New Jersey lawmakers have given their OK to ride-hailing services like Uber and Lyft. Lawmakers on Monday approved a measure to make the services legal. If approved by Republican Gov. Chris Christie, the measure would allow the state attorney general …

Atlantic City Ride-Hailing Drivers Face Legal and Regulatory Hurdles

Joshua DeLeon earned $200 a week driving for Uber, a side job he used to buy an engagement ring for his girlfriend. Then he got a $300 ticket from Atlantic City for operating without a proper license, and he quit. …