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India issues new rules for ride-hailing companies, capping commissions at 20%, surge pricing at 1.5x the base fare, and limiting drivers to 12 work hours/day (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: India issues new rules for ride-hailing companies, capping commissions at 20%, surge pricing at 1.5x the base fare, and limiting drivers to 12 work hours/day — Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday …
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Telkomsel, Indonesia's biggest telecom network, invests $150M in ride-hailing giant Gojek; Gojek raised $3B+ to date and was valued at ~$10B earlier this year (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Telkomsel, Indonesia's biggest telecom network, invests $150M in ride-hailing giant Gojek; Gojek...
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Lyft says it will suspend its service in California on August 20 after being ordered to classify drivers as employees (Andrew J. Hawkins/The Verge)
Andrew J. Hawkins / The Verge: Lyft says it will suspend its service in California on...
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Source: Uber is in advanced talks to sell Uber Eats India to local rival Zomato in a deal that values Uber Eats India at ~$400M
Manish Singh / TechCrunch: Source: Uber is in advanced talks to sell Uber Eats India to...
