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 Stock Pops On News Of Faster Path To Profitability

Lyft Stock Pops On News Of Faster Path To Profitability
Lyft Stock Pops On News Of Faster Path To Profitability
October 23, 2019  |  Investments

Lyft said it would turn a profit by the end of 2021, one year earlier than expected. Bloomberg reported that the news pushed the ride-hailing...

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Uber To Focus On Emerging Markets On The Road To Profitability
Uber To Focus On Emerging Markets On The Road To Profitability
October 22, 2019  |  Ridesharing

Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company....

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Study: Nearly 60 Pct Of Uber Passengers Never Leave Tips
Study: Nearly 60 Pct Of Uber Passengers Never Leave Tips
October 21, 2019  |  Mobile Commerce

A new study from the National Bureau of Economic Research (NEBR) shows that the majority of Uber riders don’t tip their drivers. Get the Full...

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Uber And Lyft Skip Congressional Hearing
Uber And Lyft Skip Congressional Hearing
October 16, 2019  |  Ridesharing

Ride-hailing companies Uber and Lyft decided not to attend a U.S. House of Representatives meeting on subjects affecting the industry, even as they were officially...

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Congress Calls Uber And Lyft To Ride-Hailing Hearing
Congress Calls Uber And Lyft To Ride-Hailing Hearing
October 14, 2019  |  Ridesharing

The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and Uber asking them to...

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Lyft Files Lawsuit Against NYC For Cruising Limits
Lyft Files Lawsuit Against NYC For Cruising Limits
October 14, 2019  |  Ridesharing

Lyft has filed a lawsuit against New York City over a mandate limiting the time its drivers are allowed to spend cruising in Manhattan without...

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What’s Wrong With The Attack On Gig Economy Pay
What’s Wrong With The Attack On Gig Economy Pay
October 14, 2019  |  Gig Economy

Drivers can’t make ends meet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
October 01, 2019  |  Ridesharing

Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. Get the Full Story Complete the...

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CA Gig Workers Split On Impact Of New Classification Law
CA Gig Workers Split On Impact Of New Classification Law
September 23, 2019  |  Gig Economy

California Gov. Gavin Newsom signed into law a controversial bill that could reclassify ridesharing and other gig economy workers as employees instead of independent contractors,...

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