gigrove wants to match skilled freelancers and startups with spare rooms
 Bootstrapping London-based startup gigrove is looking to carve out a niche in the collaborative consumption space as a matching platform for digital workers with itchy feet, and startups with a spare room and pressing skills need. Which is all very zeitgeisty in these digital nomad/citizen of nowhere times. Read More ...
China’s Didi looks to Latin America with $100M investment in Brazil-based Uber rival 99
 There’s much talk of Didi Chuxing’s desire to expand overseas now that it has agreed to gobble up Uber’s China business, and it just took a big step to extending its international reach via a maiden deal in South America. Read More ...
New regulations could limit Didi’s taxi on-demand service in China’s top cities
 There’s trouble in China for ride-sharing services after authorities in Beijing and Shanghai instituted new regulations that forbid people not officially registered as living in either city from working for services like Didi Chuxing or Uber. Read More ...
Uber’s Middle Eastern rival Careem raises $350M at a $1B valuation
 2016 is almost out but there’s just time to anoint one more ride-sharing unicorn. Careem, one of Uber’s lower profile rivals in emerging markets, has taken a step into the global limelight today after it announced that it has raised $350 million led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC). Read More ...
Honda invests in Southeast Asia-based Uber rival Grab
 Southeast Asia’s Grab, a ride-sharing rival to Uber, has welcomed a new backer after Honda announced an undisclosed investment in the company today. Read More ...
Uber launches in Bangladesh to continue its emerging market push
 With a global presence that already spans more than 450 cities worldwide, it isn’t often that Uber expands into new countries, but today the U.S. ride-sharing giant drove into Bangladesh. Read More ...
Ola, Uber’s rival in India, launches an in-car entertainment platform for passengers
 Ola, Uber’s main rival in India, has launched a connected car entertainment platform for its vehicles. Read More ...
Uber rival Karhoo shuts down after blowing through a reported $250M in funding
 So much for fighting the Uber fight. Today Karhoo — a company that wanted to take on Uber by pulling together various other competing car services under a single app — announced that it is shutting down its service and looking for “the next steps for its business” after running out of money and failing to raise more. The full statement is below. It’s a pretty… Read More ...
Gigster’s crafty plan to give freelance developers equity
 Gigster is launching the Gigster Fund, comprised of $700,000 raised from Bloomberg, Felicis, and China’s CSC as LPs, plus 1% of Gigster’s own equity. Each month it will invest $50,000 cash in one of Gigster’s top clients in exchange for 1% of that company at a $5 million valuation. Gigster will also provide them with advice, connections, fundraising help, priority access to… Read More ...
Lyft tests Line memberships to help you save money
 Lyft is testing out membership passes to let passengers ride for less money in November, the company announced on its blog today. There are two types of passes: a $20 one that guarantees up to 20, $2 Line rides and a $29 one for up to 20 “free” rides. So, if you’re a power Lyft Line rider, $29 up front could save you a ton of money. If you purchase a pass, you also… Read More ...
Scoop gets Bay Area cities to pick up the tab for carpooling to alleviate traffic jams
 A startup that matches riders with drivers for paid, and pre-scheduled carpooling, Scoop, has inked a deal with two big towns in the increasingly congested commuter hubs in the San Francisco Bay Area, Foster City and San Mateo. With this deal, each city is subsidizing carpoolers’ rides so that passengers only have to pay $2 each way, and will ostensibly refrain from driving solo or… Read More ...
Uber-owned Otto to offer freight hauling services using autonomous trucks in 2017
 Uber acquired self-driving lorry startup Otto this summer in a deal worth up to $680 million and it plans to put the company to work next year. Read More ...
Chinese taxi-hailing giant Didi eyes bicycle sharing with its latest investment
 Didi Chuxing, China’s largest ride-hailing company, may be about to get into bicycles. Bike sharing, to be precise. The company, which is in the process of finalizing its acquisition of Uber’s business unit in China, today revealed that it has invested in bike-sharing startup Ofo. Read More ...
Airbnb faces fresh crackdown in Barcelona as city council asks residents to report illegal rentals
 Airbnb is facing a further squeeze on its activities in Barcelona, the Catalonian capital that’s hugely popular with tourists — ramping up tension with local communities dealing with inflating rents and rowdy behavior by visitors facilitated by the rapid rise of sharing economy platforms. Read More ...
Airbnb acquires travel activities marketplace, trip4real
 Airbnb has bought a Barcelona-based travel startup it was advising and partnering with: Trip4real offers a marketplace of experiences for tourists to browse and book ahead of time to lend their trip a little local color/flavor. Read More ...
Airbnb tests outsourcing management to Superhosts to grow inventory and loyalty
 As Airbnb, the $30 billion private accommodation renting portal, continues to mature and very slowly inch its way to an IPO, it is adding more ways to bring in more properties and hosts to its platform. TechCrunch has learned that Airbnb is working on a new service under the name “Experienced Hosts,” where it connects would-be hosts (those who have homes or space in their… Read More ...
Understanding the economy of the crowd
 When you think about crowdsourced work, you probably think about Mechanical Turk and, maybe, Uber. On the one hand, an anonymous platform where people feel like mechanical parts. On the other hand, a face-to-face platform where people are rapidly obsolescing and doomed to be replaced by robots. Read More ...
The new collaboration economy
 Technology is creating a new generation of companies that increasingly choose to collaborate as a coordinated ecosystem, even if they have overlapping or competitive offerings. This transparent way of doing business is transforming the way services are delivered and products are developed. Read More ...
MIT spinout NuTonomy just beat Uber to launch the world’s first self-driving taxi
 Uber has taken the plaudits for its audacious plans to deploy driverless cars as soon as this month, but the U.S. giant has been beaten to the punch for actually introducing autonomous vehicles by a far lower-profile company based across the world in Singapore. Read More ...
Uber ups its focus on India with new booking options exclusive to the country
 Many speculated that India is the next battleground for Uber after it agreed to sell its China business last month, and the U.S. company certainly does seem to be increasing its focus on India after it launched two new features that, while subtle, could help it win more customers in the country. Read More ...