Lyft

Uber and Lyft to share data on drivers banned for assault

The Industry Sharing Safety Program will see both platforms sharing information about the drivers and delivery people that have been banned for sexual and physical assaults

Lyft

Lyft makes it easier for riders to get to vaccine appointments

Lyft has introduced a pair of features aimed at making it easier for people to get to their COVID-19 vaccine appointments and make other essential trips

Lyft

Uber posts staggering loss of over $5bn, its biggest quarterly loss ever

Uber saw share slide by as much as 10 per cent as it reported an eyewatering loss of $5.24bn in the second quarter of 2019, its largest-ever quarterly loss, despite

Lyft

Uber just had the most disappointing IPO in US history

After reporting the biggest first-day dollar loss in US IPO history, Uber continues to plummet on the New York Stock Exchange, much like its rival Lyft has on the Nasdaq.

Lyft

Waymo brings its self-driving taxis to Lyft riders in Phoenix

Waymo has joined forces with Lyft to scale the self-driving ride-hailing service it introduced at the backend of 2018. To begin with, Google parent company Alphabet’s Waymo will deploy 10

Lyft

Lyft anticipates 2019 to be its “peak loss year”

Ride-sharing app Lyft experienced a loss of $1.138bn in its first quarter of 2019, according to the company’s Q1 2019 financial statements. Of that net loss, $894m (£683m) accounted for

Lyft

Uber and Lyft update safety features following murder of college student

Following the murder of a college student after she got into a car she mistook for her Uber, public outcry and petitions have prompted both Lyft and Uber to update

Lyft

Lyft’s IPO brings the company to $30bn valuation, and the day’s not over yet

Lyft’s much anticipated IPO is here, and it’s massive. Wednesday night, the ride-hailing app confirmed it would be starting its price-per-stock at $72, which lasted about an hour into Nasdaq’s

Lyft

Lyft announces Driver Services Program amid wage backlash

During a week full of driver protests and IPO preparation, Lyft has announced its new Lyft Driver Services, an array of benefits to “help drivers succeed on their own terms.”

Lyft

Lyft raised its IPO price range days before the company goes public

Just days before its initial public offering, shared ride-hailing app Lyft has increased its expected price range to $70 to $72 per share. This boost in price could bring the

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