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 Gets Hit With Class-Action Investor Lawsuit
Lyft Gets Hit With Class-Action Investor Lawsuit
May 20, 2019  |  Legal

Lyft’s stock inched lower in trading Monday (May 20) after investors filed a class action lawsuit against the ride-hailing startup. According to a report in CNBC,...

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Why Anyone Can Be A Unicorn Now
Why Anyone Can Be A Unicorn Now
May 20, 2019  |  Investments

It started with a postcard that was slipped under my front door in Boston last fall. It was an invitation to join an online neighborhood...

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Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Taxi Drivers Driven To Bankruptcy Over Medallion Loans
May 19, 2019  |  Loans

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with...

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Uber/Lyft IPO Doldrums To Spill Over To WeWork?
Uber/Lyft IPO Doldrums To Spill Over To WeWork?
May 16, 2019  |  Investments

They say a rising tide lifts all boats. Maybe the opposite is true, too, in a way – that a rocky sea swamps all ships....

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SoftBank Shares Slide Along With Ride-hailing Stocks
SoftBank Shares Slide Along With Ride-hailing Stocks
May 14, 2019  |  Investments

Shares in Japan’s SoftBank Group have been sliding for three straight days, and closed 5.4 percent lower on Tuesday (May 14), according to a report...

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Uber’s Fall To Give Rise To Investor (IPO) Caution?
Uber’s Fall To Give Rise To Investor (IPO) Caution?
May 14, 2019  |  Markets

In the wake of what can only be termed a disappointment, Uber’s IPO may paint other companies that are newly public or aiming to come...

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Uber, Lyft Struggle To Keep Drivers On Board
Uber, Lyft Struggle To Keep Drivers On Board
May 12, 2019  |  Ridesharing

With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and...

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Uber’s Bust(ed IPO) Of A First Day
Uber’s Bust(ed IPO) Of A First Day
May 10, 2019  |  Markets

Call it a less than auspicious beginning. When the rubber met the road, when the trading actually became reality, Uber sputtered. To say the least....

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