Posts filtered by tags: On-demand[x]


Uber entices drivers back post-pandemic with $250 million stimulus

Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April  Uber’s business dropped by 80%. Drivers decided they’d rather not risk contracting or spreading COVID-19 for the measly revenue provided by the few rides per day they were getting, so when the federal CARES Act extended the Pandemic Unemployment Assistance to gig workers, many Uber drivers decided to hang up their keys.  With more than a quarter of the U.S. population a...
Tags: Transportation, Uber, Tech, Austin, Automotive, Rideshare, On-demand, Gig Economy, Ride Hailing, Phoenix, Uber Drivers, Gig workers, Philadelphia Austin Chicago Miami

Uber and Lyft plunge, erasing recent gains after promising profits

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A few weeks ago, Uber and Lyft, kicking bags of the 2019 stock market and regularly cited as examples of venture-backed excess, were back to fighting form. After encouraging Q3 2019 reports from both ride-hailing giants that included fresh profitability promises and timelines, Uber upped the ante by moving its profitability goal up when it reported Q4 results earlier this yea...
Tags: Travel, Fundings & Exits, Startups, TC, Lyft, Uber, Ipo, Automotive, Growth, Postmates, On-demand, Doordash, Extra Crunch, COVID-19, Covid19

Semi-autonomous and always available: A peek into the near future of car rental

Soon we will see connected rental fleets with a dedicated lane at airports for self-driving cars, where drivers control the car to the airport, and then the empty car drives itself to the rental lot. The post Semi-autonomous and always available: A peek into the near future of car rental appeared first on Digital Trends.
Tags: Cars, Trends, Autonomous, On Demand, Car Rental

Ford launches on-demand medical transportation service

Ford is launching an on-demand transportation service for non-emergency medical needs. The idea is to better help patients get to their doctor appointments. Ford is initially launching this in partnership with Beaumont Health in Michigan to serve more than 200 facilities. Called GoRide, the fleet has 15 transit vans to accommodate people with varying needs. By the end of the year, Ford plans to have 60 vans, all driven by trained professionals, as part of GoRide’s services. The GoRide fleet can ...
Tags: Health, Transportation, Uber, Tech, Automotive, Ford, Michigan, Health Care, On-demand, Beaumont, Beaumont Health, WHEELCHAIRS, Independent Living Resource Center, Marion Harris, People With Disabilities, Ford Mobility Business Group

Valet startup Zirx relaunches as Stratim, a mobility service for GM’s Maven, Ford’s Chariot and others

 When Zirx announced last February its plans to shut down its on-demand valet parking startup, it wasn’t clear what the company meant when it said it would focus on the enterprise. Today, Zirx co-founder Sean Behr is pulling the curtains off of Stratim, a platform for enterprise clients to manage their car fleets. Over the last year or so, Stratim has been conducting pilot tests with… Read More
Tags: TC, Transportation, Tech, Automotive, Ford, Gm, Bmw, On-demand, Zirx, Chariot, Maven, Sean Behr, Mobility Services, Stratim, Maven Ford

Porsche launches on-demand subscription for its sports cars and SUVs

 Want to drive a Porsche, without actually owning one? Porsche’s new Passport subscription program could be just what you’re looking for. The on-demand short-term rental program allows anyone in Atlanta to subscribe for $2,000 per month, which will provide access to eight models of Porsche including the 718 Boxster, Cayenne and Cayman S at launch. Those who want a bit more can sign… Read More
Tags: TC, Transportation, Cars, Tech, Atlanta, Automotive, Porsche, Subscription, On-demand

China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion

 Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More
Tags: Fundings & Exits, Uber, Asia, China, Collaborative Consumption, Tech, Beijing, Automotive, On-demand, Didi, Uber China, Didi Chuxing

Wrench raises $4 million to bring auto repairs to your door

 A Seattle startup called Wrench has raised $4 million in Series A funding for an app that sends certified auto mechanics to the customer’s door. The round was led by Madrona Venture Group, according to Wrench CEO and co-founder Ed Petersen. In general, people dread cars repairs. According to a AAA survey, 2 out of 3 people in the U.S. don’t trust auto repair shops and more… Read More
Tags: Fundings & Exits, Startups, TC, Apps, Tech, Automotive, Venture Capital, Seattle, AAA, On-demand, Madrona Venture Group, Wrench, Madrona, Auto Repair, Series A Funding, Seattle Startup

Fiix will send a mechanic to your driveway to repair your car on demand

 Getting your car repaired is not only costly, it’s frustrating. This is especially true when you have to leave your car in the shop for days at a time. Fiix want to fix this. Part of Y Combinator’s Winter 2017 class, the startup has built a platform to send a mechanic to your home to fix your car within hours of being requested. Customers request service by calling or chatting… Read More
Tags: Startups, TC, Apps, Y Combinator, Tech, Car, On-demand, Car Repair, Fiix, Mechanie

Book By Cadillac Subscription Service Offers Luxury Cars on Demand

Every automaker has been trying to figure out for a few years now exactly what millennials and GenXers want in a vehicle: Do they really not care about owning one, as the popular perception has become? And for luxury brands, the question is compounded by wrestling with the possibility that consumers who are younger than the brand’s traditional cohort—but nonetheless upscale—may not want to own, or even lease, their own vehicle. Now Cadillac is taking an unprecedented new whack at this quandary ...
Tags: New York, La, New York City, Advertising, US, General Motors, Automotive, Luxury, Millennials, Gm, Manhattan, Sharing Economy, On Demand, Gen Y, Subscription Services, Launches

Pay-per-mile insurance startup Metromile raises $191.5M, acquires Mosaic Insurance

 The automotive industry is in flux with the rise of self-driving and electric cars, and the concept of car ownership altogether being thrown into question. With this, the car insurance industry is changing, too, and now, an on-demand car insurance startup has raised a large round of funding as it aims to be leader of that change. Metromile, the provider that lets you pay-per-mile for… Read More
Tags: TC, MetroMile, Transportation, Uber, Asia, Car Insurance, Finance, Cars, Insurance, Tech, Automotive, On-demand

Daimler Expands Moovel Mobility Services to US

Mercedes-Benz’s parent company Daimler has announced that its mobility-services unit, Moovel Group, is expanding to the US. By merging its RideScout ride-sharing service based in Austin, Texas, with a Portland, Ore.-based mobile ticketing service called GlobeSherpa, Daimler is forming a Moovel North America unit that hopes to get a Mercedes-sized share of ride-hailing services and also serve as a vehicle for Daimler’s greater mobility-based ambitions. According to the Wall Street Journal, thes...
Tags: Lyft, Uber, Europe, New York, US, General Motors, Bloomberg, Automotive, Ford, Portland, Mark Fields, Sharing Economy, Mobility, On Demand, Mercedes Benz, Mercedes

On-demand valet service Luxe confirms $50m investment from Hertz

 As reported by TechCrunch in February, valet service Luxe has now confirmed that it has raised $50 million in Series B funding from car rental company Hertz. Redpoint Ventures and Venrock will also be participating in the round. Luxe also announced that Hertz Global Holdings CEO John Tague will be joining Luxe’s board. “Our investment will support Luxe’s ability to scale… Read More
Tags: Fundings & Exits, TC, Transportation, Cars, Hertz, On-demand, Luxe, Venrock, Hertz Global Holdings, John Tague, Valet, Hertz Redpoint Ventures

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