lyft

The Latest

  • Ride-Hailing App Lyft Could Be Headed to Profitability
    Lyft
    Lyft's stock price rose by more than 9% after better-than-expected earnings in the fourth quarter.
  • U.S. Tech Firms Can Compensate Gig-workers With Equity Under SEC Proposal
    Rideshare driver Jesus Jacobo Zepeda
    The U.S. securities regulator on Tuesday proposed a pilot program to allow tech companies like Uber and Lyft to pay gig workers up to 15% of their annual compensation in equity rather than cash...
  • Didi Chuxing Has Ambitions Beyond Ride Hailing In Spite Of Earlier Failures
    Didi Chuxing
    Didi Chuxing wants to expand its e-commerce business to more cities in China following a three-month, small-scale pilot in Chongqing.
  • Uber, Lyft Restart The Meter On California Rides
    California
    Uber, Lyft delay plans to pull out of California after delay in order they reclassify their drivers work status.
  • Uber Sheds $1.8 Billion In Second Quarter As People Stayed Home Due To Virus
    ROCKY ROAD
    Uber was still able to earn $2.24 billion in total sales for the current quarter despite the loss.
  • Amazon To Buy Driverless Car Startup Zoox For Under $3.2 Billion
    AUTONOMOUS
    Zoox has been approached by other firms in the automotive industry with regards a possible acquisition bid
  • Uber and Lyft Suspends Operations In The US And Canada
    Ride-Hailing Service
    Uber will be suspending its Uber Pool service in the US and Canada, while Lyft will be suspending its operations in all markets.
  • Uber Transfers Staff To Philippines After LA Office Shutdown
    UBER
    Staff said they were not given advance notice that their positions would be transferred to the Philippines.
  • Uber And Lyft Finally Granted Licenses To Operate In Vancouver
    Vancouver Ride-Hailing
    Vancouver's Passenger Transportation Board (PTB) has finally reversed its decision and has now allowed ride-hailing companies to operate in its city.
  • Lyft Files Suit Against New York City Over Cruising Limitation
    Lyft Ride-hailing
    Lyft has filed a lawsuit against the city of New York aimed at halting its cruising cap rule.
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