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LYFT INC
Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...- Lyft is considering strategic options for bike, scooter unitThe company said it has received strong inbound interest in its bike-and scooter-sharing unit and that “it’s only logical for Lyft to liste...
- Lyft says CFO Elaine Paul to step down, appoints replacementLyft Inc said on Tuesday Erin Brewer will replace chief financial officer Elaine Paul, who is leaving the ride hailing company months after...
- Lyft to cut at least 1,200 jobs: WSJ reportRide-sharing company Lyft Inc will cut at least 1,200 jobs in another round of layoffs as it looks to reduce costs.
- Lyft posts record quarter, sees operating profit of $1 billion in 2024"We had the majority of new drivers come in organically ... There is a tailwind as more and more people are enjoying this supplemental inco...
- Seattle approves minimum pay standard for Uber and Lyft driversUnder the ordinance, effective January, the drivers will now earn at least $16.39 per hour - the minimum wage in Seattle for companies with...
- Lyft buys digital car-top advertising startup Halo CarsHalo Cars was founded in 2018 and has operations in U.S. markets such as New York and Chicago.
- Uber is said to seek about $10 billion in year's biggest IPOUber submitted its IPO filing to the SEC confidentially on December 6, the same day that Lyft Inc. announced that it had made its confident...
- Lyft snaps up a tag of $24.3 bn as IPO goes the distanceThe first ride-hailing IPO raised more than it had set off to do as investors overlooked uncertainty.
- Uber is said to pick New York Stock Exchange for 2019 mega IPOThe ride-hailing giant is expected to publicly file for its offering in April, kicking off a listing that could value the company at as muc...
- Lyft IPO oversubscribed on Day 2 of road show: SourcesThis indicates that many investors are willing to overlook uncertainty over Lyft's path to profitability.
- Lyft aims for calculation near $20 billion in biggest US IPOLyft warned in its filing that expenses are likely to increase and that it may not be able to “achieve or maintain profitability in the fut...
- Lyft filing could kick off cavalcade of high-profile tech IPOsJust as Lyft beat Uber Technologies Inc. to the idea that regular people could use their cars to charge for rides, it now looks set to beat...
- Lyft plans to file for IPO as soon as next weekThe ride-hailing company Lyft has plans to begin marketing shares in a roadshow the week of March 18.
- Larry Page vs Masayoshi Son: The ride hailing race is now a battle between billionairesAlphabet Inc., led by Larry Page, just backed Lyft Inc., while SoftBank Group Corp. chief Masayoshi Son is set to take a big stake in large...
- Lyft raises $1 billion from big new ally in battle with UberThe funding marks a major shift in Alphabet's allegiances away from Uber, and suggests a tighter pairing of its Waymo autonomous vehicle te...
- In a driverless car future, surge pricing can be historyTechnology companies are already plotting how to grab the best financial position in the potential brave new world of transportation.
- Lyft releases first diversity report, showing edge over UberLyft said 18 percent of its tech workers are women, compared with just more than 15 percent at Uber.
- Uber won’t pay more than $2 billion for ride-hailing rival LyftLyft has been working with Qatalyst Partners to solicit interest from potential acquirers, people familiar with the matter said.
- Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...
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