ridehailing

US regulators approve BMW-Daimler services merger

Engadget RSS Feed C.I.I.O via Getty Images BMW and Daimler’s plan to combine their transportation services, including car sharing, ride hailing and electric vehicle charging, is a step closer to reality after US antitrust officials approved the partnership. The companies hope to close the deal by January 31st, and plan to reveal more details of […]

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Just like Lyft, Uber has confidentially filed for its IPO

Engadget RSS Feed BRENDAN SMIALOWSKI via Getty Images On Thursday we learned Lyft filed papers for an initial public offering set to take place in 2019, and Friday evening some “people familiar with its plans” said the same to the Wall Street Journal about ride-hailing rival Uber. According to the New York Times, Uber also […]

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Uber puts self-driving cars back on the road in scaled-down test

Engadget RSS Feed JasonDoiy via Getty Images Eight months after one of Uber’s self-driving cars fatally struck a pedestrian, the company is getting ready to resume testing of its autonomous vehicles on public roads — but according to internal sources, there are concerns about the program’s safety, with some employees claiming corners are being cut […]

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BMW will be the first foreign car maker to offer ride-hailing in China

Engadget RSS Feed VCG via Getty Images If BMW is going to be a giant in mobility services, it’ll need to make inroads into some major markets… and it’s doing just that. The company now plans to launch a ride-hailing service in China in December, becoming the first international automaker to obtain a license in […]

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Google: Southeast Asia’s digital economy is surging

Engadget RSS Feed Google Google has begun looking beyond India to Southeast Asia for its “next billion” users. And its annual report on the region’s internet economy gives us an insight as to why it’s so crucial to the web giant. Home to 650 million people, Google projects Southeast Asia’s digital economy will triple in […]

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Uber lost over $1 billion in Q3 as it closes in on an IPO

Engadget RSS Feed ASSOCIATED PRESS Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company is still growing however, as revenue rose 38 percent from a year ago to $2.95 billion. Albeit, those […]

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Daimler and Bosch pick San Jose for autonomous taxi trial

Engadget RSS Feed Daimler/Bosch Mercedes’ parent company Daimler and automotive supplier Bosch announced back in 2017 their plans to get autonomous vehicles on the road “by the beginning of the next decade.” Now, the partnership is getting ready to roll out testing, and has earmarked San Jose for a pilot trial in the second half […]

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