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Logistics-tech startup Loadshare gets funds from Matrix

“SME’s in India are adopting technology rapidly and we believe SaaS-enabled marketplaces are a great approach to providing value to the Indian SME. Loadshare’s approach to stitch together a network of small courier companies across India by providing them technology is differentiated,” said Vikram Vaidyanathan, MD, Matrix Partners India. Source: Logistics-tech startup Loadshare gets funds […]

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Alvia.com Launches – and De-mystifies Ride-Hail and Delivery Companies like Uber and Amazon Flex | MilTech

This is a step backward to the directory approach to discovery. I don’t think the customer’s challenge is finding these services, it’s having them coordinated effectively. Launched this week, Alvia is no longer just for Uber, Lyft or UberEATS drivers – rather, it compiles on-demand economy companies into one comprehensive platform, helping people to easily […]

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Swiggy Raises $80 Mn From Naspers, SAIF Partners, Others – Inc42 Media

This investment takes Swiggy’s total funding raised till date to about $155.5 Mn. In September 2016, Swiggy was valued at $200 Mn in its last funding round when it raised $15 Mn (INR 100 Cr) Series D led by US-based venture capital firm Bessemer Venture Partners. Existing investors Accel India, SAIF Partners, and Norwest Venture […]

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Everyone can now access Amazon Fresh PickUp locations | RetailDetail

Following a 2-month testing period, Seattle’s two Amazon Fresh PickUp locations are now also available to Prime subscribers. The formula is focused on speed and also puts the pressure on Walmart even more. Source: Everyone can now access Amazon Fresh PickUp locations | RetailDetail

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Lyft ditches pink mustache ornament in favor of a useful piece of hardware

Amp, a two-way communications tool 18 months in the making, is set for wider release later this year, said Eyler, who oversaw the latest redesign and invented the original mustache in 2010, even before he joined Lyft. Source: Lyft ditches pink mustache ornament in favor of a useful piece of hardware

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Uber drivers in South Carolina have to break the law to accept tips | postandcourier.com

Thanks to a little-noticed provision in state law, it’s illegal in South Carolina for drivers who freelance for the ride-hailing apps Uber and Lyft to accept cash. And since Uber doesn’t allow electronic tips, the only option is to skirt the law.There’s little evidence that the legislative wrinkle is enforced often, but word has made […]

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Uber and Lyft Will Be Back in Austin on Monday | Fortune.com

Ride-hailing platforms Uber and Lyft are both expected to return to operations in Austin on Monday, when Texas Governor Gregg Abbott will likely sign a bill overturning the state capital’s strict driver screening rules. It’s unclear, however, what kind of reception the companies can expect after winning a dirty fight with one of the country’s […]

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Sharing economy takes mercantile twist in China — FT.com

“[A] much-replicated business model. Bicycles, phone chargers, umbrellas and even basketballs can all be rented by the hour. Even purveyors of music have got in on the act: telephone-box-style karaoke booths outside malls and supermarkets in some of the biggest cities allow crooners to dart in for a swift lunchtime song or two, and even […]

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In Uber echo, Lyft rolls out high-end rides

Lyft Lux and Lyft SUV debut Thursday in five markets — San Francisco, San Jose, Los Angeles, New York and Chicago — with 20 other cities coming on line in mid-June. Expect the services to cost up to double that of a Lyft Premier ride, and up to five times a basic Lyft fare, says […]

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The Latest Uber Effect: People Are Ditching Their Cars | Fortune.com

Nearly a quarter of U.S. adults have sold or traded in a vehicle in the last 12 months, with 9% of that group turning to ride sharing services like Uber and Lyft as their main way to get around, according to a new Reuters/Ipsos opinion poll. Source: The Latest Uber Effect: People Are Ditching Their […]