Lyft

Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 640 cities in the United States and 9 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, and a bicycle-sharing system.

Source: lyft.com

Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable
Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable
December 10, 2019  |  Ridesharing

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor...

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SEC Flags Benchmark That Obscured WeWork’s Bottom Line
SEC Flags Benchmark That Obscured WeWork’s Bottom Line
December 03, 2019  |  B2B Payments

The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax...

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

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...

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NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
November 15, 2019  |  Taxes

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it...

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Lyft eBikes Return To SF After Battery Fire Investigation
Lyft eBikes Return To SF After Battery Fire Investigation
November 12, 2019  |  Ridesharing

Lyft is bringing its electric bikes back to San Francisco after the company had to stop the service due to several battery fires. Get the...

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The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
November 08, 2019  |  Markets

When it comes to lockups — look down. That’s the general trend of stocks after an initial public offering (IPO) when insiders are freed up...

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The Vitamin Shoppe On Offering Subscriptions At The POS
The Vitamin Shoppe On Offering Subscriptions At The POS
November 08, 2019  |  Subscription Commerce

The subscription commerce market has grown by more than 100 percent each year for the past five years. While many businesses are wholly built on...

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Lyft Wants To Reward Consumers Who Sell Their Cars
Lyft Wants To Reward Consumers Who Sell Their Cars
November 07, 2019  |  Innovation

Go big or go home — that seems to be at least part of the thinking behind the latest effort to promote more ridesharing and more...

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

Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. Get the Full Story Complete the form to unlock this article and...

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