INDICES
ride hailing
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2 More Cities Join Snapp Pool: Iran Ride-Hailing
EghtesadOnline: The widely used ride-hailing application Snapp has made inroads in two more cities, increasing the number of cities to 69.
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Ride-hailing company's annual loss may hit $3 billion by year's endUber's Loss Exceeds $800 Million in Third Quarter on $1.7 Billion in Net Revenue
EghtesadOnline: Even as Uber Technologies Inc. exited China, the company's financial loss has remained eye-popping. In the first nine months of this year, the ride-hailing company lost significantly more than $2.2 billion, according to a person familiar with the matter. In the third quarter, Uber lost more than $800 million, not including its Chinese operation.
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Japan's Honda ties up with ride-hailing service Grab
EghtesadOnline: Southeast Asian ride-hailing service Grab disclosed on Monday that Japan's Honda Motor Co had invested in the firm, as part of a $750 million funding announced previously, to collaborate on motorbike-hailing services.
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BMW seeks to be 'coolest' ride-hailing firm with autonomous car
EghtesadOnline: BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber, which have spent billions on pay-per-use personal transport.
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India’s Ola Unveils Entertainment Tools for Ride-Sharing Users
EghtesadOnline: Ola, India’s largest ride-hailing startup, wants to make sure its customers are comfortable and entertained, even if they’re stuck in a traffic jam.