You would agree, right? Your preferred ridesharing app is hitting the road today, in countless ways. First, they are now partnered with Momenta to launch self-driving vehicles, intervention from authorities, and the app seeing non-takeout deliveries turning into a $12.5 billion business. Read on for the scoop.
Uber x Momenta
A ridesharing app is with another Chinese firm, again. Uber has unveiled its plans recently with Momenta, a Chinese self-driving tech company, to test fourth-level autonomous cars in Germany next year.
The interest and demand for robotaxis in the area have become the new thing. So, these autonomous vehicles were permitted to be in the scene, thereby challenging the jobs of human drivers. However, this would be under specific conditions, according to reports.
Also, this isn’t the first time Uber has collaborated with robotaxi companies. In the past, they did it so well with Waymo, WeRide, and so much more.
Now, there’s Momenta in the larger picture, recently bringing the partnership announced earlier this year to new horizons.
What is Momenta? Momenta is among the globe’s leading Chinese suppliers of advanced driving-assist system features comparable to Tesla, popular for electric vehicles, and other products and services.
India’s authorities threatened by ridesharing platforms
Don’t you feel fares from ridesharing are too high, compared to traditional public transports? Then, you’re not alone. India’s authorities feel that these ridesharing platforms – think Uber, Ola, Rapido, and the like – are passengers’ nightmare, but is it, no really?
The transport commission in this South Asian nation has officially directed these apps to implement adjustments to their price policies, particularly on the issue of surge pricing.
The minister, Pratap Sarnaik, stated, "If there is a failure to comply with the state transport department directives, there will be a special drive to weed out those operating without following government directives.”
Surge pricing has been a serious issue for some of these passengers. This relates to chasing a popular music video on the top charts. Prices go high when there are major events, in-demand tours, or sushis on the pavement, so apps like Uber take the opportunity to grab the best-paying passengers who could provide for what the app implements. The authorities in India think this is never incredible.
Non-takeout deliveries are the brand-new fad
It always feels so ideal to experience gastronomic treats that are fresh and similar to what you could taste when you dine inside. So, ridesharing media agree. Uber sees these non-takeout deliveries the newest craze among consumers, as the business is bound to grow to $12.5 billion by the end of this year.
It’s Bloomberg, saying the new forecast is meaning a 25 percent boost from the $10 billion estimate the leading ridesharing platform shared earlier in this year for grocery deliveries and purchases from retail partners.
From the first half for 2025, Uber’s total delivery gross bookings climbed to over $42 billion, up by around 18 percent year-or-year, matching the gross oders of its ridesharing business in the similar period.
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