Get Ready To Make a Deal for Your Ride. InDrive Is Bringing Its Ride-Hailing-Haggling Business to the US Again.
July 21, 2023
Business Insider
Ride-hailing app inDrive, known for allowing customers to haggle with drivers for ride fares, is reentering the U.S. market after testing in New York City in 2018. The Siberia-based company is launching its service in greater Miami, aiming to attract both drivers and passengers who seek alternatives to surge pricing and algorithms. InDrive operates in 48 countries and plans to focus on states where acquiring licenses is less challenging, with the company aiming to become cash-flow-positive by 2024.
Recent News
-
Brands Embrace AI to Revolutionize Customer Experience
In a bid to enhance customer interactions and reduce the drawbacks of live customer service, brands are turning to AI solutions, from chatbots to innovative food delivery robots. Home Chef, a meal-kit-delivery service, employs the virtual assistant Herb to streamline…
-
Tesla’s Growth Slowdown Sends Warning Signals to Electric Vehicle Industry
Morgan Stanley analyst Adam Jonas suggests that Tesla’s recent tempered growth expectations indicate potential challenges for the broader electric vehicle (EV) industry. Following Tesla’s disappointing third-quarter results and cautious earnings call, Jonas believes there’s a ripple effect across the EV…
-
Housing Market Faces Continued Affordability Crisis as Mortgage Rates Near 8%
The housing market in the United States is witnessing its most challenging phase in years, with mortgage rates inching toward 8% and prices soaring for three consecutive months. Data reveals that September experienced the lowest housing sales in 13 years….
-
Elon Musk’s X Plans New Paid Subscriptions Amid Reports of Declining Web Traffic
Elon Musk’s X is set to introduce two new subscription tiers despite reports of a significant decline in web traffic. The Tesla CEO shared on X that one tier would be lower cost with all features but no ad reduction,…