openPR Logo
Press release

Empire Asset Investments Follows Waze Squeeze Into Uber’s Lane With Carpool Feature

05-24-2016 03:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Empire Asset Investments

Empire Asset Investments Closely Follows Waze Squeeze Into Uber’s Lane With Carpool Feature

Empire Asset Investments Closely Follows Waze Squeeze Into Uber’s Lane With Carpool Feature

At the beginning of the week Google-owned navigation application Waze began testing a carpool feature that rolls near the home turf of Uber and Lyft.

Waze Carpool stressed that it intended only to help commuters get to or from their jobs, chipping in to cover trip costs, and was not getting involved with the types of on-demand rides that Uber and Lyft offer.

Still, Waze Carpool would serve as an alternative to ride-sharing services such as Uber or Lyft, at least for people dealing with daily commutes.

“Waze Carpool makes it easy to help a neighbor or colleague in your area,” the company said at a website page explaining the service being tested in the San Francisco Bay area.

“Detours are minimal so your drive to work is almost the same, you get to ride in the carpool lane, and the rider you pick up helps cover your commute costs—so why not?”

Waze Carpool is in a pilot program, the worker can use a carpool feature in free Waze smartphone applications.

“Schedule a ride and Waze Rider will look for the closest driver already planning a drive on your route,” the company explained.

Driver’s options in using Waze Carpool will have the option of accepting or declining request from riders, who help pay for fuel in pre-arranged transactions handled automatically in applications.

“Waze Carpool connects riders and drivers with identical commutes based on their home and work addresses,” the company said.

Ride payment is set in advance and money is transferred from riders to drivers automatically.

Waze stressed that the carpool feature is focused on letting people share the costs of commuting, and not as a way for drivers to make extra income.

Waze last year began testing a similar carpool feature in Israel, where it got its start.
Waze navigation goes beyond using satellite positioning data to incorporating real-time traffic information from its community of drivers.

Google bought Waze three years ago in a deal valued at slightly more than a billion dollars.

With the Waze app people will be able to carpool much more efficiently with the cost being shared equally and automatically, trouble finding a ride to work a ride to work will become a thing of the past stated Jane Suki Tech analyst for Empire Asset Investments.

Empire Asset Investments is one of the world's leading investment organizations. Our primary focus is targeting promising business opportunities at their start-up or initial growth stages.

Our time-proven and tested strategies have been developed through our experienced leadership network and unsurpassed sector knowledge.

110 Wall Street, 4th Tower Suite 9001
10005
New York, NY

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Empire Asset Investments Follows Waze Squeeze Into Uber’s Lane With Carpool Feature here

News-ID: 342302 • Views: 526

More Releases from Empire Asset Investments

Empire Asset Investments Looks At Omen X HP’s insane new gaming PC
In recent news Hewlett-Packard which launched its Omen sub-brand of gaming PCs back in May, has rolled out its newest desktop gaming PC offering. It’s absolutely ridiculous in the best kind of way. The Omen X is a computer like a Ferrari is a car. Let’s start with its case, which looks like something straight out of “Hellraiser.” A 60-pound behemoth, the Omen X houses its components in a cube that
Empire Asset Investments Looks Into Sony’s Plans To Unveil Two PlayStation Con …
Sony will debut a redesigned version of its standard PlayStation 4 along with a higher-end PlayStation 4, codenamed “Neo,” during a press event on Sept. 7, according to The Wall Street Journal. Sony revealed the existence of its PS4 “Neo” back in June, but the redesigned PS4 is a new development. As Polygon and Kotaku point out, the redesigned PS4 popped up in a listing on the online classified site Gumtree.
Empire Asset Investments Checks If Alibaba’s dominant cloud business could tak …
Chinese e-commerce giant Alibaba (BABA) reported stellar fiscal first-quarter earnings on Thursday propelled by revenues that spiked 59%, surging past Wall Street estimates. And while talk of e-commerce transactions soaring on mobile dominated the announcement, analysts also paid close attention to the company’s cloud computing business, Alibaba Cloud — and for good reason. Founded in 2009, Alibaba Cloud has evolved into China’s dominant cloud computing services provider, offering clients including Dutch
Empire Asset Investments Tracks Apple in Talks to Feature Twitter App on Apple T …
The early bird catches the Apple? That's reportedly the narrative between Apple and Twitter, as sources tell The New York Times that the companies are discussing an Apple TV-Twitter partnership. This partnership would feature the Twitter app on Apple TV, giving Apple TV users the ability to stream NFL games. Both companies didn't offer comments to The New York Times. Twitter's move for live-streaming rights wasn't cheap, clocking in at approximately $10

All 5 Releases


More Releases for Waze

Strong Competition in Booming Carpooling System Market 2021 | Uber, BlaBlaCar, D …
Global Carpooling System Market Growth (Status and Outlook) 2021-2026 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Carpooling System Market. Some of the key players profiled in the study are Uber, BlaBlaCar, Wunder
Indoor Location-based Search and Advertising Market Key Players - Apple, Waze (G …
"Indoor Location-based Search and Advertising Market Growth Prospects, Trends and Analysis 2020 – 2025 Decisive Markets Insights publishes report on booming market of Indoor Location-based Search and Advertising Market. The CAGR calculated in the report is from 2019 – 2025. It covers the market share and size from the period 2020 – 2025. Industry experts foresee the market to grow from its initial estimated value of USD xx billion
Carpool-as-a-service Market Projected to Register 16% CAGR to 2024 | Uber, BlaBl …
Global Carpool-as-a-service Market Growth Status and Outlook 2019-2024 Carpooling is the sharing of car journeys so that more than one person travels in a car, and prevents the need for others to have to drive to a location themselves. The global carpooling market is valued at 3483.92 million USD in 2018 and is expected to reach 11426.02 million USD by the end of 2025, growing at a CAGR of 16% between 2018
Web Taxi-Sharing Platforms Market is Booming Worldwide | Uber, BlaBlaCar, Wunder …
A latest study released by HTF MI on Global Web Taxi-Sharing Platforms Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Web Taxi-Sharing Platforms market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that
Carpool-as-a-service Market 2019-2025 | Uber, BlaBlaCar, Wunder Carpool, Karos, …
Overview of Carpool-as-a-service Market 2019-2025 The report firstly introduced the Carpool-as-a-service Market basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis,
Global Time-Saving Traffic Information Service Market to Witness Growth by Top V …
Researchmoz added Most up-to-date research on "Global Time-Saving Traffic Information Service Market to Witness Growth by Top Vendors – Google, Garmin, SiriusXM Traffic, Here Technologies, Blip Track, TomTom and Waze" to its huge collection of research reports. Time-Saving traffic information service aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and save time. An intelligent transportation system (ITS) is an