Bolt eyes Africa, Europe expansion with R1.9bn funding
The ride-hailing firm looks to scale its food delivery, taxi-hailing and micro-mobility arms after securing funding from Naya Capital.
WeWork lays off staff, restructures amid COVID-19 setback
Abandoned by its funder and tenants, the shared office space firm introduces a restructuring process, with plans to cut jobs.
Digital economy firms Uber, Airbnb, Lyft cut thousands of jobs
Uber confirms its global total of 3 700 job cuts will affect SA, while Airbnb plans to axe 1 900 employees, as COVID-19 causes an economic bloodbath.
Uber supports domestic violence survivors during lockdown
With many shelters seeking assistance during the lockdown period, the ride-hailing company pledges 50 000 free rides and meals.
Disgruntled ride-hailing drivers lobby govt on COVID-19 relief fund
Ride-hailing operators and drivers fear their vehicles will be repossessed if government doesn’t provide financial support during the lockdown.
Uber enables on-demand last-mile deliveries for SA businesses
The e-hailing company introduces Uber Direct, an on-demand and scheduled last-mile delivery solution for South African organisations.
Truck hire app Droppa sees surge in sanitiser transportation
The “Uber for trucks and bakkies” platform witnesses an uptick in essential goods transported across the country.
E-taxi services to transport only essential workers during lockdown
While e-hailing services will not be allowed to operate normally for the duration of the 21-day lockdown, they will be permitted to ferry essential services staff.
Digital economy companies take a punch as COVID-19 spreads
Analysts weigh in on the impact of coronavirus on digital economy firms, stressing the need for aggressive awareness and communication to sustain the businesses.
Uber’s lost and found index reveals startling insights
According to the index, the most forgetful days for Uber riders are Saturdays and Sundays, and late at night – between 11pm and 1am.