Can you get from Kangaroo Valley to the Den of Thieves without using the Magic Circle? London’s black taxi drivers call the Palace of Westminster the ‘Gasworks’ – due to the ‘hot air’ spouted by MPs. Broadcasting House, home of the BBC, is referred to in code by the drivers as ‘The Tripe Factory’. Traders […]
Carlyle must be hoping that some of Uber’s magic valuation dust rubs off on Addison Lee. The investment has been difficult for the private equity firm. Uber Technologies Inc.’s initial public offering next week will be a bittersweet moment for private equity giant Carlyle Group and its London minicab firm Addison Lee Holdings Ltd. Uber […]
With the acquisition of Taxi 4×27 in Denmark, Cabonline is strengthening its position as a leading provider of Taxi services in the Nordics. Taxi 4X27 has operations in Copenhagen, Aarhus, Odense, Frederikshavn, Holstebro and Sønderborg. The acquisition will add 230 transporters, with a combined total of 300 taxis, to Cabonline’s franchise model, which already has […]
On a desolate block of Long Island City sits a vacant warehouse, its entrances padlocked and doorbell defused. A FedEx tag for an undelivered package, dated 5/23, has been stuck to a barred doorway for at least 11 months. Visible through filthy second-floor windows is a small sign that reads simply The Black Car Fund. Created […]
Lyft is beefing up its driver background check process with two new features it says are intended to “[improve] the safety and security of [its] platform.” It today announced continuous background checks and enhanced identity verification, both of which will roll out in the coming days to weeks. “The safety of the Lyft community is […]
Drivers from Buenos Aires’ powerful taxi unions will take to the streets on Thursday to begin two days of protests against ride-hailing apps including Uber, which they claim operate illegally in the city. The march on Thursday is expected to attract thousands of people. It will culminate at Plaza de Mayo, a historic focal point […]
Urban mobility marketplace Karhoo won the prestigious European Startup Gold Prize for mobility on Thursday (April 11th). Beating over 500 other mobility startups to the top prize, the victory marks a milestone moment for the company which was formed just two years ago. During the main event at the European Parliament in Brussels, Karhoo alongside […]
Total Specific Solutions has taken its first steps into the mobility and personal transport vertical with the acquisition of Korton Software BV, a supplier of software solutions for mobility of specific target groups. With the acquisition, TSS strengthens its portfolio of software solutions for municipalities who are responsible for taking care of the transportation needs […]
Ever try and get an Uber at rush hour and find that prices have surged? Or see the price of an Uber change within minutes? Well, thanks to AI and data it’s because the app assumes you’ll pay the surged price. And you know what? We usually do. As annoying as surge pricing may be […]
Ride-hailing startup Lyft hopes to raise up to $2.1 billion in its IPO as it launches a roadshow to drum up investor support, Venturebeat reports. Starting this week, the company will begin meeting directly with large investment funds to answer questions and ease concerns that the company is bleeding massive amounts of red ink, even […]
