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Foodtech
Uber rival Bolt valued at $8B+ with largest round to date
January 10, 2022Estonian mobility specialist Bolt has raised more than $700 million as it looks to double down on its e-grocery bet, but the company is likely to face stiff competition in the sector.Article
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Big Things
8 big things: Is Proposition 22 the future of the gig economy?
November 7, 2020A major ballot victory for gig-economy companies joins Ant’s adjourned IPO, telecom talks, a potential new unicorn and more in our recap of the week.Article
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Micromobility
Investors bet on micromobility’s post-COVID-19 future
May 31, 2020Micromobility startups have not been immune to the negative repercussions of the COVID-19 pandemic, but a post-crisis rebound could yet be on the horizon.Article
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Politics
San Francisco elections a sounding board for tech backlash
November 3, 2019Voters in the nation’s technology capital will have a say on Tuesday as they decide on two measures that reflect growing public concern about ridehailing and vaping products.Article
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Uber
Uber hemorrhages $5.2B in 2Q amid volatile day for ridehailing
August 7, 2019Optimistic investors spent Thursday driving up the price of shares in Uber in anticipation of the company’s 2Q earnings. Once the results arrived, though, it was a very different story.Article
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Ridehailing
Firefly raises $30M Series A for vehicle-mounted advertising
May 30, 2019Firefly has closed a $30 million Series A funding round as it joins the emerging world of advertising-based income for rideshare drivers.Article
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Ridehailing
Why Uber vs. Lyft is more about total addressable market than market share
May 21, 2019Lyft’s tumbling stock has quickly gone from a big problem to a bigger one, with multiple class-action lawsuits alleging the company, among other things, provided misleading market share data. Alleged impropriety aside, focusing on market share probably isn’t the best way to compare Lyft and Uber.Article
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Lyft
Lyft pops then drops in public debut—what might the future hold?
March 28, 2019Lyft’s stock opened at a 21% premium to its final IPO price but fell throughout the day to close up 8.7% in its first day of trading. Here’s a deeper look at what could come next.Article
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Lyft
Does your mutual fund own Lyft?
March 27, 2019As Uber dealt with the fallout of several high-profile missteps, Lyft grabbed market share in the US. It also gained some mutual fund investors.Article
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Lyft
A look at Lyft’s ride from founding to IPO [datagraphic]
March 17, 2019Lyft, the winner in the ridehailing race to the public markets, has debuted on the NASDAQ in the year’s biggest listing so farArticle
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IPO
An inside look at Lyft’s IPO filing
February 28, 2019Lyft has taken the lead in the ridesharing race to the public markets. We took a look at some key takeaways from the filing, including details on the company’s shift toward autonomous tech.Article
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Ridehailing
Zum zips off with $40M for kid-friendly ridehailing
February 27, 2019Zum, a California company that offers an on-demand ridehailing service for children, has announced a $40 million round led by BMW i Ventures.Article
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Big Things
Six big things: Lyft takes the spotlight ahead of IPO roadshow
February 20, 2019Lyft might be just five weeks away from going public, news that joins pandas, insects and the PayPal Mafia in our rundown of the past week in VC.Article
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CES 2019
A glimpse of the future of autonomy at CES
January 9, 2019Where is ridesharing headed? What new tech is shaping the world of self-driving cars? Our emerging tech analyst shares his thoughts on the sector’s future—and why it still has a ways to go.Article
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Big Things
Six big things: With Lyft’s filing, IPO madness is almost here
December 5, 2018Thought 2018 was a busy year for venture-backed IPOs? Just wait until the calendar page turns.Article
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Uber
Uber could buy Bird, makes key hire as 2018 winds down
December 2, 2018From developments in its autonomous vehicle offerings to electric scooters to food delivery, here’s a look at the latest news involving Uber.Article
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IPO
Here’s where Uber and Lyft would rank among the decade’s most valuable VC-backed IPOs
October 15, 2018Reports from this week indicate that Uber & Lyft are both set to go public in 1H 2019 in very valuable IPOs. Here’s a look at just how valuable.Article
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Ridehailing
Microsoft becomes the latest high-profile company to invest in Grab
October 8, 2018Microsoft has made an investment in Singapore-based ridehailing business Grab. It’s not the only big-name investor to back the company over the last year.Article
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