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

InDrive Says Transparent Ride-Hailing Pay Structure Will Ensure Fair Compensation for Drivers

InDrive Says Transparent Ride-Hailing Pay Structure Will Ensure Fair Compensation for Drivers
InDrive Says Transparent Ride-Hailing Pay Structure Will Ensure Fair Compensation for Drivers
February 15, 2024  |  Gig Economy

The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility...

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Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
February 14, 2024  |  Ridesharing

Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both...

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Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
February 13, 2024  |  Earnings

Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. For full-year 2023, the rideshare platform...

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Rideshare, Delivery Drivers to Strike on Valentine’s Day
Rideshare, Delivery Drivers to Strike on Valentine’s Day
February 12, 2024  |  Gig Economy

An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine’s Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers...

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Lyft Guarantees Rideshare Drivers 70% or More of Fare
Lyft Guarantees Rideshare Drivers 70% or More of Fare
February 06, 2024  |  Ridesharing

Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key...

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Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
December 29, 2023  |  Ridesharing

While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura...

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DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
December 13, 2023  |  Gig Economy

The gig economy allows workers control over their own employment while offering consumers choice and convenience. PYMNTS Provider Ranking of Gig Platform Apps, which uses...

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Alphabet Sheds Entire Stake in Trading App Robinhood
Alphabet Sheds Entire Stake in Trading App Robinhood
November 13, 2023  |  Business

Google parent Alphabet has sold off all of its shares in trading app Robinhood. The tech giant in August had sold about 90% of its stake in...

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