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

Lyft Appoints Former Amazon and Microsoft Exec David Risher CEO as Founders Step Back
Lyft Appoints Former Amazon and Microsoft Exec David Risher CEO as Founders Step Back
March 27, 2023  |  Personnel

Locked in competition with Uber, which controls roughly 74% of the U.S. rideshare market, Lyft is changing leadership by appointing a new CEO as the...

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Court Rules Uber and Lyft Drivers Are Contractors
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023  |  Ridesharing

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar. 13), California’s 1st District...

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Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
March 08, 2023  |  Partnerships

Lyft users can now earn Bilt Rewards points on every rideshare, bike and scooter booking. The two companies have teamed up to enable the users...

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Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform Strategy
February 10, 2023  |  Ridesharing

The Uber versus Lyft battle illuminates a stark reality as the pandemic recedes: The broader the platform — the more opportunity for users (and drivers)...

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Uber Recovers, Instacart Slips in Latest Gig Economy App Ranking
Uber Recovers, Instacart Slips in Latest Gig Economy App Ranking
December 01, 2022  |  Gig Economy

Leading contract employment apps are wavering in PYMNTS’ latest Provider Ranking of Gig Economy Apps. Some category leaders regained ground lost last time, while others...

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Lyft Lays Off Nearly 700 Staff and Braces for Changing Economy
Lyft Lays Off Nearly 700 Staff and Braces for Changing Economy
November 03, 2022  |  Economy

Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). In a...

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Leading Gig Apps Slip in September’s Provider Ranking
Leading Gig Apps Slip in September’s Provider Ranking
September 27, 2022  |  Gig Economy

Category leaders are losing ground in PYMNTS’ latest Provider Ranking of Gig Economy Apps, as the top players see their scores fall. Meanwhile, in the...

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Lyft Launches Advertising Unit With Suite of Products
Lyft Launches Advertising Unit With Suite of Products
August 08, 2022  |  Ridesharing

Lyft is introducing a media and advertising unit with a suite of products designed to help brands reach the growing number of people using rideshare...

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Lyft Shares Up on Rides Demand Surge
Lyft Shares Up on Rides Demand Surge
August 04, 2022  |  Ridesharing

In Lyft’s Q2 results, the ride-share company saw profits rising as demand surged due to continued reopenings of the economy after the pandemic, a company...

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