Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29)...
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Surge pricing, which...
Automotive manufacturer Tesla is reportedly rolling out trials of its ridesharing service, giving employees access, as it looks to expand that service later this year....
Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz Mobility....
Uber has launched an “interest list” for riders wishing to use its Atlanta robotaxi service. Customers based in that city can sign up for the wait...
Singapore-based ride-hailing/delivery platform Grab is reportedly trying to raise funds to acquire rival GoTo. The company is in discussions to obtain a bridge loan of up to $2...
The CEO of Indonesian super app GoTo is reportedly still weighing a merger with rival Grab. Patrick Walujo made those comments to the Financial Times (FT) in...
Estonia-based Uber rival Bolt Technology is reportedly exploring an initial public offering (IPO). The mobility company is exploring options that could include an IPO, Bloomberg News reported Wednesday (Feb....
Rideshare fleet operator Moove plans to expand its footprint in Latin America by acquiring Brazil-based urban mobility provider Kovi. The acquisition, which is subject to customary closing...