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

Uber, Lyft Push Back Against California Gig Worker Law

Uber, Lyft Push Back Against California Gig Worker Law
Uber, Lyft Push Back Against California Gig Worker Law
December 20, 2019  |  Ridesharing

Uber and Lyft are organizing and pushing back against a California law that takes effect on Jan. 1 and would force them to classify their...

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Lime Announces eScooter, Bike Subscriptions
Lime Announces eScooter, Bike Subscriptions
December 17, 2019  |  Mobile Commerce

To let everyday scooter users and commuters gain the most from their micro-mobility, Lime has announced the rollout of a new subscription offering. LimePass will...

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Lyft Debuts Car Rentals Starting At $35 Per Day
Lyft Debuts Car Rentals Starting At $35 Per Day
December 12, 2019  |  Ridesharing

Lyft is rolling out a car rental offering starting in Los Angeles and San Francisco that will work similarly to that of traditional car rental...

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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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