Edmonton-based startup has app similar to Uber, Lyft A ride-hailing service from Alberta appears to be hiring drivers for the Winnipeg market in an effort to launch in the coming weeks. TappCar, an Edmonton-based startup that launched in 2016 and quickly expanded to Calgary, appears to have placed ads for drivers in Winnipeg on job-searching site Indeed. "We are a Canadian P2P ridesharing company and TappCar will legally operate in Winnipeg starting March 1, 2018," the ad says. The ads claim drivers can earn up to $5,000 a month. TappCar sent a notice to media on Tuesday morning about a "major announcement" happening at 11:30

A new service for ride-hailing drivers, such as Uber and Lyft, just launched in the D.C. and Baltimore markets: in-car vending machines. Cargo-equipped cars let passengers order a wide range of products — everything from Altoids to Cheez-Its to hangover cures. Riders choose items from a Cargo menu on their smartphone, then use their phone to pay for their purchases. The driver then retrieves the items from the display case mounted between the front seats and hands it to the rider. Cargo drivers also earn a commission on every passenger transaction. It claims drivers can earn up to $500 more

Tangible IP, an international patent brokerage and Intellectual Property advisory firm is gearing up to announce it's successful brokerage of the sale of a patent portfolio of almost 150 patent assests that were owned by French Sovereign Patent fund (SPF) France Brevets. Financial details of the agreement will not be disclosed. A quick search on the U.S. patent database indicates that the buyer of these patent assets is Didi Chuxing, Uber’s major competitor in Chinese market. In December 2017, Didi Chuxing obtained new financing from SoftBank Group totaling more than $4 billion, which pushes Didi’s valuation to approximately $56 billion

Uber Technologies is gearing up to sell its Southeast Asia business to Grab in Singapore. In exchange for the busiess, Uber will take a substantial stake in the company according to souces. No deal has been reached yet and the timing of any deal is uncertain, the report said. Uber and Grab declined to comment. The move would follow Uber’s strategy in China, where the company sold its ride-hailing operation to Didi for 20 percent ownership, and Russia, where the company merged its local business with Yandex’s ride-hailing business for a 37% stake, the financial news broadcaster said. Reuters reported in

It's very possible that in the future, car-sharing services with electriv and self-driving vehicles could eliminate the need for customers to drive their own cars daily. This could mean the end of mass-produced vehicles, according to a statement from Simon Humphries, Toyota's latest designer. The car industry is undergoing a period of major changes, amid a growing demand for advanced and hybrid electric vehicles, and car manufacturers have to comply with the new trend. The evolution of the market for electric cars with autonomous technologies could radically change the way we drive today, according to Simon Humphries, head of design division

LimeBike, a relatively new face in the bike-sharing expansion hitting the United States, has raised $70 million in funding on top of its previous funds from other seeds. Currently, LimeBike has raised $132 million in venture funding. Currently, LimeBike is pushing itself into the scooter business, and these funds will go to helping that. “We’re interested in bike-sharing because it’s something real estate owners really want,” said venture funding participant Brendan Wallace. Wallace claimed his capital business, Fifth Wall, compared and contrast every service in the current market, and found LimeBike the most versatile. “Docked bike-sharing is insufficient or underutilized.

Mobile ride-hailing applications are modernising and enhancing urban transportation systems in Southeast Asia. In Indonesia, 250 million people have embraced the use of apps such as Grab, Go-Jek and Uber, according to a 2018 ecommerceIQ (eIQ) - a market research brand dedicated to ecommerce - report. These apps offer targeted GPS services that enable rapid pick-up, easier navigation, quicker journeys, decrease in road congestion and undoubtedly lower pricing compared to conventional ride-hailing methods. How do these apps work? The basic function for all three apps is the same whereby a user creates an account on the app and enters their

KAR Auction, a vehicle marketer and technology solutions expert service, has acquired the fleet manager company Stratim. The addition of Stratim supplements KAR’s broad portfolio of wholesale used vehicle physical, online and digital auction marketplaces and ancillary service providers. The acquisition also expands the company’s presence into the rapidly growing market of on-demand car and ride sharing services, urban commute providers and autonomous vehicles, the company said in a statement. “As the automotive industry continues to transform, we’re making meaningful investments in technology, data and analytics to meet the evolving needs of our customers and expand market opportunities,” said Jim

Mahindra & Mahindra has picked up a stake in Zoomcar, as India's second-largest utility vehicle maker seeks to entrench its electric vehicle brands in nation's fast-growing car rental market. Mahindra has taken a 16% stake in Zoomcar Inc., the U.S.-based holding company of the car rental startup, by paying 1.76 billion rupees ($27 million), it said in a statement last week. The stake purchase comes barely a few months after the Mumbai-based automaker tied up with Zoomcar to supply electric cars. In November, the two companies agreed to accelerate electric vehicle adoption by launching Mahindra's E2o Plus electric cars on Zoomcar

Sony Corp said it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules. Currently, non-professional drivers are barred from offering taxi services on safety grounds, and ride-hailing companies are limited to services that “match” users to existing taxi fleets via mobile platforms. Read more here Join us in Bangkok from the 28th of February to the 1st of March for the 22nd Property