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Recent Articles

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Uber's Q1 net loss attributable to company widens year-over-year to US$5.93B from US$108M; revenue up 136% to US$6.85B from US$2.90B, with rises in mobility by 195%, delivery by 44% and freight by an undisclosed percentage due to acquisition of Transplace

Lyft reports Q1 net loss narrows to US$196.9M from US$427.3M a year ago, with revenue up 44% year-over-year to US$875.6M; increased demand pushes rideshare volumes to new COVID-19 high, supported by resilient driver levels

Phone app ZeLoop rewards users with cryptocurrency for completing Eco Missions, wherein plastic waste is deposited at 5,000 bins across 49 countries for recycling; company says app has recovered 1 million PET bottles, can be used for ride-sharing services

Avery Dennison partners with Digifyy to develop intelligent solutions for Micromobility market, including use of passive RFID inlays on bike frames to identify heavy traffic flows to improve safety, long-range RFID inlays to track, trace parts

Curb partners with Uber to enable Curb-connected taxi drivers to receive trip requests from Uber users; service to launch in New York City, expand to Curb’s nationwide network in coming months, which is experiencing unprecedented growth in demand

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