Lyft isn’t planning layoffs but is slowing hiring, reeling in spending and concentrating on profitable growth as market instability continues and its share price hovers...
Mobility is moving again, evidenced by generally positive Q4 and fiscal 2021 results earnings on Tuesday (Feb. 8) from ride-hailing bellwether Lyft, even as other...
Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...
Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but...
For gig-economy companies, is it time to make way for the third way? As reported Monday, Uber CEO Dara Khosrowshahi wrote in a New York Times op/ed...
Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to secure millions for...
Uber Technologies Inc. has agreed to give public health agencies access to data on drivers and riders who may have come in contact with someone...
China’s push into the world of digital currency is poised to take another big step forward. Ride-hailing giant Didi Chuxing is teaming up with China’s...
Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest...