If you were paying attention at any point in the past 24 hours, you’ll have noticed that Uber has announced something… new. That is, the first of its Uber Air vehicles, which will do just what your standard Uber will. More or less. Only, this time, you’ll be flying. As opposed to how you often feel when in an Uber at 4AM on a weekend.
Uber Air sees the ride-hailing company taking to the skies and hoping to trim commute times, albeit for a price.
The year of the tech IPO is 2019. Uber went public on May 10 with a US$82.4 billion valuation. Fellow ride-sharing app Lyft floated in March with a U$24 billion valuation and Pinterest had a US$10 billion IPO in April. More big names – including Slack, Airbnb, WeWork and Palantir – are set to follow.
This week on Light Start, we’ve got drone deliveries, silent drivers, a new animated DC film, and the loss of a very cranky feline.
There’s a new ride-hailing service in Johannesburg, and it lets you negotiate your fare with the driver.
Uber’s upcoming initial public offering may be one of the biggest in history, with the ride-hailing company expected to raise up to US$9 billion.
That’s good news for its early investors and executives, who could reap $1.3 billion from the IPO.
For the potentially hundreds of thousands of drivers who do it as their largest or main source of income? Not so much. That may be why some of them plan to go on strike in seven U.S. cities for 12 hours on May 8.
Taxify, the ride-hailing platform, has decided to rebrand and disassociate itself from the traditional combustion engine and call itself Bolt.