Tag Archives: rideshare

Lyft opens Big Apple office in bid for larger slice of ride-share pie

Lyft car with trademark pink mustache (via Wikimedia) New York is already one of the most hotly-contested rideshare markets, with Uber surging ahead of the city’s famed Yellow Cabs and Lyft registering gains on both, in terms of rides hailed. Now, Lyft is folding the battle for the Big Apple into its overarching strategy, amplifying its East Coast efforts in a move it considers vital to…
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Waymo’s self-driving ride-share, 2018 Lexus LC 500, Plug-in Range Rover detailed: What’s New @ The Car Connection

Waymo trains self-driving cars to identify emergency vehiclesReport: Waymo could launch self-driving ride-share service as early as this fall Reports based on information obtained from people briefed on Waymo’s plans suggest the Google spinoff could be planning to launch a rideshare service composed of self-driving cars as early as this fall. 2018 Nissan Armada Review The 2018 Nissan Armada is a…
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Google invests US$250M in Uber ride-share service

Filed under: Technology

DENVER, CO. - FEBRUARY 10: Kevin Labonte, owner of Special Times Limousine, supplements his own fares with those he contracts out from Uber. State legislators may enact proposed changes supported by the taxi community that say Uber is an unregulated service. Though not regulated, Uber merely connects private drivers, who comply with all PUC regulations, to customers. (Photo By AAron Ontiveroz/The Denver Post via Getty Images)

The number of people who haven’t yet heard of the transportation/technology startup Uber is shrinking by the minute. Uber produces a mobile application that is used to connect passengers with drivers of vehicles for hire, typically luxury vehicles – kind of a high-tech, high-zoot taxi calling service.

Use of the app may be spreading gospel of Uber within urban centers, but the company is also generating tremendous buzz for sourcing massive investment, including a reported $ 250 million sourced from Google Ventures. Google’s quarter-billion makes up the better part of a $ 360-million investment round, with a resultant company valuation set at a staggering $ 3.5 billion.

So, what does Google, famous researcher into autonomous car technology, want with Uber’s popular ride-sharing software? Our wandering minds immediately leap to fantasies about driverless limousines and taxis as a logical next step. And, while that type of service might be possible down the road, a recent article from Forbes indicates that the road in question is a long one.

The reality may be a bit less theatrical than robot cabs, but is interesting nevertheless. Forbes believes that Google likes the concept of repurposing Uber tech to work with its own blooming Google Shopping Express play in the near term, along with all kinds of on-demand delivery in the not-distant future. The core idea of Shopping Express is to create a near-seamless way to go from a one-click purchase on your laptop to the knock of a delivery driver at your front door. Imagine combining the depth of Amazon’s shopping experience with the instant gratification of ordering Chinese food, and you get the idea. Google would seem to believe that Uber’s app, technology, and engineer brains are a fast step forward in that direction.

Click here to watch a video review of Uber’s car service.

Gallery: Montreal pothole stunt by Taxi

Continue reading Google invests US$ 250M in Uber ride-share service

Google invests US$ 250M in Uber ride-share service originally appeared on Autoblog Canada on Tue, 27 Aug 2013 09:00:00 EST. Please see our terms for use of feeds.

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