ride-hailing

Lyft Shares Fall Below IPO Price In Second Day Of Trading

Lyft Shares Fall Below IPO Price In Second Day Of Trading
Lyft Shares Fall Below IPO Price In Second Day Of Trading
April 01, 2019  |  Investments

Lyft, the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April 1) trading. Get...

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Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
March 29, 2019  |  Fintech Investments

Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the...

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Tencent, Alibaba Team To Create $1.45B Car-Sharing Service
Tencent, Alibaba Team To Create $1.45B Car-Sharing Service
March 27, 2019  |  Partnerships

Another startup has appeared to challenge Didi in China, and this one has backing by some of the biggest financial names in the industry. Get...

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Lyft To Price Shares Higher Than Originally Planned
Lyft To Price Shares Higher Than Originally Planned
March 27, 2019  |  IPO

Lyft, the ride-hailing startup that is gearing up for an initial public offering later this week, will reportedly price shares higher than the initial range...

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Daimler To Sell 50 Pct Stake In Smart Division To China’s Geely
Daimler To Sell 50 Pct Stake In Smart Division To China’s Geely
March 27, 2019  |  Investments

Ahead of the Shanghai Auto Show, Daimler is reportedly coming close to a deal to sell a stake in its small car division Smart to Geely...

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Uber Expands ‘Ride Pass’ Monthly Subscription
Uber Expands ‘Ride Pass’ Monthly Subscription
March 26, 2019  |  Ridesharing

Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber...

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Lyft Lifts Driver Loyalty With Free Debit Cards, Bank Accounts
Lyft Lifts Driver Loyalty With Free Debit Cards, Bank Accounts
March 26, 2019  |  Ridesharing

Ride-hailing company Lyft will offer a slew of perks to its drivers in an effort to encourage them to be more loyal and stop switching...

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Lyft Posts $911M In 2018 Losses
Lyft Posts $911M In 2018 Losses
March 25, 2019  |  IPO

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in...

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