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Lyft Driver
Lyft is a U.S. ridesharing company operating in 644 cities in the U.S. and 12 cities in Canada. It develops, markets and operates the Lyft mobile app, offering car rides, scooters, a bicycle-sharing system and a food delivery service.
California Uber, Lyft Drivers File Lawsuit Over Prop 22
January 13, 2021
Gig workers in California who drive for Uber, Lyft and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court seeking to overturn Proposition 22, the ...Uber Teams With Moderna, Joins Lyft In Asking Biden For Part In Vaccine Push
January 12, 2021
Rideshare giants Uber and Lyft are executing separate strategies to assist in raising awareness about the coronavirus vaccine while also assisting in expanding the number of people vaccinated.
Uber, which has ...Uber Announces Seattle Price Hike To Meet Minimum Wage Law
December 30, 2020
Uber trips will jump 24 percent in cost starting in the new year in Seattle, with the rideshare company raising prices to accommodate a new law requiring drivers be paid ...Uber Looks To Cut European Deal To Avoid Reclassification Of Gig Workers
December 30, 2020
Pressure over employment rights in Europe has prompted food delivery and rideshare firms like Uber and Deliveroo to open negotiations with unions and labor groups, The Wall Street Journal reported ...Consumers Will Pay Increased Fees To Offset California Gig Worker Benefits
December 14, 2020
Gig workers for Uber and others in California will start getting benefits, but consumers will pay the price in additional fees, the Financial Times (FT) reported Monday (Dec. 14).
Proposition 22, ...Incentivize Consumers To Take The COVID Vaccine? Payments Players Might Have The Answer
November 30, 2020
It’s never a good sign when, during a pandemic, the expert opinion on the ground is that the U.S. is currently in the process of “rounding the corner into a ...Uber And Lyft Win Government Transportation Contract
November 23, 2020
The U.S. government is enlisting Uber and Lyft to help provide transportation services for public agencies and employees, Reuters reports.
The deal is worth up to $810 million and will be ...Gig Battles Brew In California Regardless Of Uber, Lyft Prop 22 Victory
November 11, 2020
Uber and Lyft claimed victory in California on Election Day when Proposition 22 was upheld by voters, but despite the win, battles are still brewing over how gig workers should ...Today In Payments: China’s Singles’ Day Sales Hit $56B; Lyft Considers Moving Into Delivery Sector
November 11, 2020
In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the Department of Justice approved Uber’s ...Lyft And Uber Ramp Up Competition As Ridesharing Rebounds
November 11, 2020
Having survived the worst of COVID-19’s economic upheaval so far, top U.S. ridesharing companies Uber and Lyft have shifted from survival mode to being competitive rivals once again. Both are ...Lyft Moving Into Delivery Sector As Rideshares Stay Flat
November 11, 2020
Following a successful pilot program, Lyft is launching a delivery service to stay afloat as a second wave of the COVID-19 pandemic continues to stifle the rideshare industry, according to ...Lyft Adds 3.8 Million Active Riders In Q3
November 10, 2020
Lyft reported on Tuesday (Nov. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7 million in Q2 on the heels ...Lyft Prepares For Q3 Earnings With Prop 22 Win, Boost From Canadian Market
November 9, 2020
Lyft is set to report its Q3 results on Tuesday (Nov. 10), as its stock surged more than 26 percent on Monday (Nov. 9) amid news that Pfizer announced what seemed to be ...Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
November 4, 2020
In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig worker status. Plus, Wayfair released ...Prop 22 Passes To Keeps Uber/Lyft Workers As Contractors In California
November 4, 2020
On Tuesday (Nov. 3), California voters gave the nod to statewide ballot initiative Proposition 22, which allows app-based companies, such as ride-hailing firms and other gig economy firms, to classify ...Prop 22: California Voters Side With Uber And Lyft, Nix AB 5 Gig Worker Law
November 4, 2020
California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to ...Prop 22: California Sets Referendum On The Gig Economy
November 2, 2020
In California, a state ballot vote tomorrow (Nov. 3) will likely have seismic reverberations for gig economy companies and the millions of individuals and families who rely on them as ...Today In Payments: Uber, Lyft Lose AB5 Appeal; FTC Commissioners Weigh Facebook Antitrust Suit
October 23, 2020
In today’s top news, Uber and Lyft must reclassify their drivers as employees, and FTC commissioners are in favor of pursuing an antitrust suit against Facebook. Plus, PayPal eyes buying ...Uber, Lyft Lose AB5 Appeal In California
October 23, 2020
Silicon Valley rideshare giants Uber and Lyft must abide by a California Court of Appeals’ decision that they can no longer classify their drivers as independent contractors, pending a ballot ...Lyft Partners With Venmo To Offer More Ridesharing Payment Options
October 22, 2020
Rideshare platform Lyft is teaming up with Venmo to give riders the option to pay for their trip or split the cost with others, Lyft said in a statement on ...AB 5 Heads To Court And The Battle Over Ridesharing Drivers Intensifies In California
October 14, 2020
Assembly Bill 5, the 2019 California legislation that moved to force gig economy firms — most notably Uber and Lyft — to reclassify their workers as employees as opposed to ...Uber, Lyft Take On California In Court Over AB5 Allegations
October 13, 2020
Lawyers for Uber, Lyft and the state of California laid out arguments on Tuesday (Oct. 13) for whether or not the state can force the gig economy companies to treat ...Lyft Links Up Ride-Hailing With Epic’s Medical Records System
October 8, 2020
Ride-sharing firm Lyft is teaming up with Epic, which offers electronic health records (EHR), to offer services that will allow healthcare workers “to schedule a Lyft ride for a patient directly ...Lyft Loyalty Program Adds Free Grubhub Delivery
October 6, 2020
Lyft users who subscribe to the company’s $19.99 per month loyalty program, Lyft Pink, will now get the added benefit of free Grubhub deliveries, Lyft announced on Tuesday (Oct. 6) ...Lyft Sees 7.3 Pct Bump In Ridership In August As Canadian Market Strengthens
September 8, 2020
Lyft said it saw a 7.3 percent jump in ride operations in August from the month prior, according to Reuters.
Operations in Canada seemed to be recovering faster than those in ...Uber, Lyft Granted Reprieve In California
August 20, 2020
The California appellate court has given Uber and Lyft more time to comply with an order requiring them to reclassify drivers as employees, CNBC reported Thursday (Aug. 20).
Now, the rideshare ...Today In Payments: Airbnb Files For IPO; Apple Hits $2T Milestone
August 20, 2020
In today’s top news, Airbnb has filed for an IPO with the SEC, and Apple hit a market value of $2 trillion. Plus, ride-hailing competitors are ready to fill the ...Uber And Lyft Vow To Suspend Service Friday In California
August 20, 2020
Unless an appeals court intervenes at the last minute, Uber Technologies Inc. and Lyft Inc. are ready to suspend their ride-hailing services in California on Thursday (Aug. 20).
In a blog ...Uber, Lyft Competitors Rev Their Engines In California
August 19, 2020
On the eve of a court order to reclassify freelance drivers as employees in California, competitors of Uber Technologies Inc. and Lyft Inc. are ready to pick up their customers if ...Address Verification, D2C Shopping, Google's Transition To SAP Ariba Top This Week's News
August 14, 2020
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...Bessemer Venture Partners’ Birnbaum On Why It’s Go-Time For FinTech
August 14, 2020
There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple’s bundle bet, Goldman Sachs’ move to bid on the General Motors credit ...Lyft Highlights Improving July Figures After Q2 Ridership Plunges
August 12, 2020
Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but said signs of recovery are ...What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
August 12, 2020
A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the two firms have 10 days ...California Attorney General Says Uber, Lyft's Tradeoff Between Flexibility And Benefits A 'False Choice'
August 11, 2020
The California judge who ruled that Uber and Lyft have to classify their workers as employees reportedly “saw straight through” the “bogus argument” that the companies’ workers like being classified ...Today In Payments: Facebook Forms Facebook Financial For eCommerce; Execs Vow To Hire 100K Low-Income Minorities
August 11, 2020
In today’s top news, Facebook launched Facebook Financial to run the company’s eCommerce and payments projects, and more than two dozen top executives have pledged to hire 100,000 people from ...Is There A ‘Third Way' For Uber and Other Gig-Economy Firms To Classify Workers?
August 11, 2020
For gig-economy companies, is it time to make way for the third way?
As reported Monday, Uber CEO Dara Khosrowshahi wrote in a New York Times op/ed that gig-economy companies like his should ...California Judge: Uber, Lyft Can't Call Drivers Contractors
August 10, 2020A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported.
The order, pending further court action, ...Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
August 6, 2020
Already reeling from the coronavirus, Uber’s and Lyft’s fortunes now face another big hit as California’s top labor official takes the ridesharing services to court on charges of “systematic wage ...Deep Dive: Adapting Worker Payments To The On-Demand Era
August 3, 2020
Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of lump periodic payments has endured.
Numerous ...NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
July 28, 2020
New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28) that rideshare drivers must receive ...