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

Investors Sue Lyft Over Overhyped IPO
Investors Sue Lyft Over Overhyped IPO
April 18, 2019  |  Legal

Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they say led to...

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Pinterest Prices IPO At $19 A Share; Raises $1.43B
Pinterest Prices IPO At $19 A Share; Raises $1.43B
April 18, 2019  |  IPO

Pinterest priced its initial public offering at $19 a share late Wednesday (April 17) raising $1.43 billion and giving the company a valuation of $10...

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Lyft’s Rough Ride On The Stock Market Continues
Lyft’s Rough Ride On The Stock Market Continues
April 15, 2019  |  IPO

It’s been a rough ride for Lyft with the approach of Uber’s initial public offering (IPO), and that dim trend continued on Monday (April 15)....

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Lyft Rolls Out Enhanced And Continuous Driver Background Checks
Lyft Rolls Out Enhanced And Continuous Driver Background Checks
April 15, 2019  |  Security & Fraud

Lyft, the newly public ride-hailing company, announced Monday (April 15) two new initiatives aimed at increasing the safety and security of its platform. In a...

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Is Uber Next Decade’s Trillion-Dollar Platform?
Is Uber Next Decade’s Trillion-Dollar Platform?
April 15, 2019  |  Payments Innovation

Uber filed its S-1 last Thursday (April 11), two weeks after Lyft went public. By close of business on Friday, Lyft’s stock was trading at...

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Lyft Takes A Fall As Uber Hogs The IPO Spotlight
Lyft Takes A Fall As Uber Hogs The IPO Spotlight
April 12, 2019  |  IPO

The problems started earlier in the week for Lyft, as investors anticipated the release of Uber’s prospectus for its initial public offering, and Lyft’s stock...

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Uber’s Growth Slowed But Sees $12 Trillion Market Opportunity
Uber’s Growth Slowed But Sees $12 Trillion Market Opportunity
April 12, 2019  |  Ridesharing

Uber notched a 35 percent year-over-year gain in customers in the last quarter of 2018, but growth slowed in its ride-hailing business; it came in at...

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Lyft Stock Dips On News Of Uber’s $100B Valuation
Lyft Stock Dips On News Of Uber’s $100B Valuation
April 10, 2019  |  Markets

Shares in the ride-hailing company Lyft dropped 7.3 percent on the news that rival Uber was looking for a valuation of between $90 billion and...

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Uber Aims To Raise $10 Billion Via IPO
Uber Aims To Raise $10 Billion Via IPO
April 10, 2019  |  IPO

Uber, the ride-hailing app that is eyeing an initial public offering in May, is looking to raise $10 billion via the offering. The Financial Times,...

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