As ridesharing startups roar forward, cutting large swathes through the transportation market, a handful of venture capital firms have been injecting massive amounts of cash into the leading ride-hailing companies. With sharp-eyed instinct and practiced senses honing in on top prospects, these VC firms have refined investing in a sure thing to a fine art. […]
It seems at times that ridesharing has become ubiquitous in the United States. But by every conceivable metric, things are still somehow only picking up steam. Every day, new companies are trying to get in on one of the most significant technological revolutions of our time. Now, BMW Group and Daimler AG have announced a […]
This Week In On Demand – Dec. 29, 2018 The holiday season only seems to up the ante in the world of on demand. From food hustles to scooter hauls, here’s your rundown of the latest side hustle happenings. Delivery Hero Earns $1.1 Billion for Germany Market Late last week, Delivery Hero announced it reached a $1.1 […]
This Week In On Demand – October 5, 2018 Welcome to the first edition of This Week In On Demand, Rideshare Central’s roundup of the biggest news stories from the sharing economy. Every Friday, we’ll be recapping key new investments, company partnerships, new hires, and major app updates. This week, we’ve got IPO news, some […]
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 […]
TaaS – What Is It? If you work in the corporate world, you may be familiar with SaaS, or Software as a Service. Over the years, critical office software has migrated from the desktop to the cloud, and this design means the software will be available on an on-demand basis. With this change, companies have […]
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 […]
Lyft ended 2016 stalled. Although the company narrowed its losses in 2016, it’s market share was stagnant at under 20%. What a difference a year can make! In 2017, Lyft successfully expanded to over a hundred new markets, more than doubled its ridership, and secured a huge investment and strategic partnership with Google. On the […]
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