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Uber

Uber Changes Lanes with Yandex.Taxi Merger

2017-07-14 by Phil Butler

"Yandex.Taxi"

Since launching in Moscow three years ago, Uber has had a tough time displacing its local counterpart in Russia. Yesterday the world’s biggest ride-share startup gave up on the quest and inked a deal with Yandex.Taxi. The newly formed venture is valued at $3.7 billion and is owned 59.3% by Yandex and 36.6% by Uber, with the remaining 4.1% held by employees.

Tags: Russia, Uber, Yandex, Yandex.Taxi

Airbnb Raises Another $1 Billion for Possible Expansion

2017-03-10 by Aleksandr Shatskih

Airbnb rentals

Home rental company AirBnb has just got another $1 billion (£821 million) cash injection to be used for expansion. The company, which disclosed the funding in a securities filing on Thursday, raised the money in a financing round that began last summer. The company is now valued at soem $31 billion, but this filing did not list new investors.

Tags: AirBnb, Airbnb funding, home rentals, sharing economy, Uber, vacation rentals

Nissan/Renault acquires down and out ride startup Karhoo

2017-01-13 by Aleksandr Shatskih

Karhoo

French automaker Renault has just acquired taxi metasearch app Karhoo, according to the news from Tnooz. In a deal undertaken by Renault’s wholly owned bank RCI, the business which acquired the assets of Karhoo from the administrators of the startup.

Tags: Karhoo, Nissan/Renault, ride share, Tnooz, Uber

Will Uber Go “Belly Up” in 2017?

2016-12-23 by Phil Butler

Uber Mumbai?

Mixed news from ridesharing behemoth Uber this week does not bode well for investors in the venture. With a pile of lawsuits, and losses expected to exceed $3 billion for the year, some experts fear no profitability in the near future.

Tags: ride sharing, TechCrunch, Uber

Is ride sharing a green Lyft or an Uber hype idea?

2015-02-01 by Phil Butler

Uber Lyft ride

Two cutting edge transportation startups, Lyft and Uber, they’ve done a good job of marketing anything and everything that could help them convert. Long billed as green friendly ride share services, the two have pledge in the past to help reduce the number of cars on the road.

Tags: car pooling, Lyft, ride share, taxis, tourist transport, travel startups, Uber, UberPool

Watch out airbnb: HomeAway buys into guest experiences

2014-11-13 by Phil Butler

HomeAway adding room service to the vacation home

HomeAway, the innovative vacation rental startup we’ve covered before, has invested $20 million in in social review startup Gogobot. Along with Battery Ventures and Redpoint Ventures, HomeAway aims to enhance profitability of the larger entity via restaurant and other ancillary recommendations.

Tags: AirBnb, Gogobot, HomeAway, Uber, vacation rentals




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