This Week In On Demand — Dec. 21, 2018 While you prepare for a relaxing holiday break, app companies are trying to get everything crossed off their checklists before Christmas Day. Here’s what happened this week in on demand. Vogo Lands $100 Million Investment From Ola Early in the week, Ola announced they were investing $100 million […]
On Demand In 2018: The Arena Is Crowded, But Growing It’s hard to believe Uber was founded almost a decade (2009) ago. Lyft is a bit younger, but still a six year old company. It’s incredible to think how much these two apps, along with Postmates, Google Express, Instacart, Grubhub, Doordash, and a whole bunch […]
The 10 Most Exciting Rideshare Startups of 2018 Despite their ups and downs, Uber and Lyft have captured the lion’s share of the ridesharing market in the United States. However, dozens of other rideshare (and bikeshare) firms have launched in the last year, devising new strategies to appeal to niche riders. From bicycles to automobiles […]
Uber’s troubles in Asia are well-known. The company blew over $1 billion in China trying to compete with Didi. Eventually, they sold out to Didi. In almost every other Asian market, Uber lags behind a local or regional competitor. In India, Ola is beating Uber. Grab, a Singaporean company, has been eating Uber’s lunch across […]
By: Dave Uber was last valued at $70 Billion dollars. However, Softbank is looking to invest $10 Billion dollars in Uber, by purchasing between 17% and 22% of the company from existing investors. That would mean Uber is worth only about $50 Billion, quite a haircut from its prior valuation. Benchmark, which owns 13% of […]
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