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PR puff can’t disguise a broken business model.
Growth slows at short-term booking platform as it prepares for December listing
Uber and Lyft need to prove they’re economically viable, but doing so while keeping its customer base seems impossible.
LA suit argues that officials’ collection of location data from ‘micromobility’ services is unconstitutional
Virus may have hit ride-hailing and car pooling but revived interest in ownership will be temporary
Turns out, no one wants to share stuff when there’s disease about.
Dara channels Descartes.
And what that tells us about the viability of the autonomous sector as a whole.
Sequoia and Warburg Pincus are funding sharing companies despite WeWork collapse
Company shares are trading 38 per cent below their listing price
Most automobiles are woefully underused. Subscription schemes may be the answer
But they can come up with excellent green-flavoured marketing strategies.
Bruising battle for market share over as regulators and big tech firms get involved
Large sums are being poured into service companies that replicate the jobs parents do for small children
Deliveroo pulls out of Germany with four days’ notice.
“Investors who dumped Uber stock last week are idiots.”
The electric scooter company swings hard, and misses.
Alibaba unit Ant Financial is biggest investor in rare survivor of brutal price wars
Predicting the success of bicycle-sharing systems is not easy
Shared office space provider will purchase Adam Neumann’s interests at cost
Home-sharing site Xiaozhu wants to do more than match hosts with guests as clouds gather
Barcelona and Madrid offer to impose limits on VTC holders to appease taxi industry
Fewer people want to buy automobiles because ride-sharing services are widely available
Indonesian start-up takes on car-booking competitor Grab as Manila negotiations continue
More than 500 transport groups sign up to offer services on new mobility platform