Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
BOSTON and AUSTIN, Texas, July 28, 2017 -- Fasten has launched Fasten Karma, the ride-hailing industry’s first rewards program. Beginning today, after completing 10 trips, riders automatically get $5 deducted from the bill on their next trip. There are no blackout dates, no sunset provisions, no fine print, no restrictions.
“This program is the first of its kind in the ride-hailing industry,” said Kirill Evdakov, co-founder and CEO of Fasten. “We called it Karma because our riders have been doing something good by using our service that pays drivers more, and now it’s time for the good to come back to them. While other ride hailing providers continue to heavily subsidize new riders, we never forget the importance of our loyal customers.”
Unlike other companies that are focused on subsidizing rides upfront or at irregular intervals, Fasten’s program promises a steady and uncomplicated commitment to its most frequent riders. Fasten’s rewards program reflects the company’s dedication to simplicity, equity and transparency in all aspects of its business.
For more information on Fasten Karma please read the first paragraph again.
About Fasten
Based in Boston, Fasten is a ride hailing company dedicated to operating a profitable business that offers drivers fair pay, and that meets consumers’ needs for timely, efficient and affordable transportation. The company offers services in Boston, Mass. and Austin, Tex. with plans to expand to additional markets in 2017. More information is available via the web at www.fasten.com.
Media Contact Nate Kommers, Scoville PR for Fasten [email protected], 206-625-0075 x2
