Search results for "Lyft/"

June 10, 2020
New Report: Payments, Transparency Build Trust In The Gig Economy

The pandemic affected the freelance market in varying ways, with many workers facing increased economic uncertainty and drawing upon their savings as work opportunities became scarce. The U.S. government has...


May 08, 2020
Uber’s And Lyft’s Divergent Journeys Through The Pandemic

To get a sense of how the pandemic can affect companies differently – even competitors in the same vertical, jockeying for position, for mindshare, for wallet share – consider the...


March 28, 2020
Lyft Directs Drivers To Take Jobs At Amazon

While the coronavirus forces consumers to stay inside, Amazon is joining forces with Lyft to attract drivers for grocery and package deliveries. Lyft has directed its drivers to pursue Amazon...


February 12, 2020
Lyft Q4 Revenue Tops $1B, Ridership Up 23 Pct

As Lyft drove innovation with enhancements to the technology that powers its platform, the ride-hailing company reported that its active riders grew 23 percent year over year to a record 22.9 million in...


January 26, 2020
Vancouver approves Uber and Lyft with new regulation

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports.  Uber originally tried...


November 20, 2019
Lawsuits, Wage Laws Drive Juno Ride-hailing Firm To Bankruptcy

Minimum wage and maximum impact? To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett), filed for bankruptcy protection this week and said...


November 18, 2019
Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts,...


November 13, 2019
Amid eCommerce Store Launch, Fiverr Touts Studio Gigs In Q3...

Fiverr, an online marketplace for freelance services, reported a 42 percent year over year revenue gain for the third quarter of 2019 on Wednesday (Nov. 13). The company filed for its initial...


November 05, 2019
Rakuten Expects To Lose $947M On Falling Lyft Shares

Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. The company said it expects to lose 103 billion yen ($947 million) in the latest quarter due...


Global B2B Payments
Report: Lyft Uses Same-Day Pay, Free Bank Accounts To Build Driver Loyalty Twenty percent of Lyft's drivers in the U.S. logged more miles during the pandemic to make ends meet and instant payout of fares was critical in helping them pay their bills. In the Global B2B Payments Playbook, a PYMNTS and Worldpay collaboration, Lyft’s Kaushik Subramanian explains how, when it comes to cementing driver loyalty, little perks can go a long way.