Ride-hailing
Coverage of Ride-hailing in the Nexus archive.
- Uber now keeps most of the fare from your ride in some cities, according to a new driver study
A study by Len Sherman of Columbia Business School found Uber's take rate in ride-hailing fares has risen above 50% in some cities, up from 15-20% a decade ago. Uber disputes the findings, claiming an average take rate of 21% in Q3 2025. The analysis tracked three drivers' data across Dallas, Miami, and Tampa over nine years.
- Taxi trade fears 10% could lose cabs as drivers gear up for ride-hailing
Hong Kong’s taxi trade warns that 10% of cab owners could default on vehicle mortgages as taxi licence values decline. Many drivers are shifting to a new ride-hailing system that will issue 10,000 permits, contributing to the drop in traditional taxi licence prices.
- Fuel hikes: Is ride-hailing becoming a luxury in Lagos?
Rising fuel costs and fares are altering ride-hailing usage in Lagos, with some commuters increasing reliance while others reduce use or switch to cheaper transport options.
- Waymo's self-driving cars face their toughest test yet: London
Waymo, a Google subsidiary, is testing self-driving cars in London with human supervisors on standby. The initiative marks a step toward achieving fully autonomous ride-hailing services.