Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
17 Sep, 2025, 09.05 PM IST
Lyft, May Mobility roll out robotaxi service in AtlantaCustomers using the standard Lyft app will be able to hail Toyota Sienna minivans retrofitted by May Mobility on routes in and around Midto...
10 Sep, 2025, 05.45 PM IST
Lyft ditches humans! Self-driving shuttles to battle Uber & Waymo by 2026Lyft robotaxi launch 2026 marks a bold move by the ride-sharing giant as it partners with Holon to bring self-driving electric shuttles to ...
02 Aug, 2025, 07.13 PM IST
Lyft's soft forecast fans worries of losing ground to Uber, shares tankShares of Lyft fell 16% due to a disappointing summer forecast, sparking concerns it is losing market share to Uber. Despite reporting bett...
07 Aug, 2024, 08.06 PM IST
Lyft guarantees weekly earnings to lure more driversThe ride-hailing market has largely been a duopoly between Lyft and Uber in the United States, with the former that owns a roughly 30% mark...
06 Feb, 2024, 03.47 PM IST
Lyft beats third-quarter estimates, bookings underperform rival UberGross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...
09 Nov, 2023, 08.44 AM IST
Lyft to display ads in app in effort to boost revenueThe move will help Lyft, whose business is completely dependent on ride-hailing. Its larger rival Uber Technologies has a more mature adver...
10 Aug, 2023, 06.26 PM IST
Lyft falls as pricing strategy casts shadow over profit goalsLyft and its more dominant rival, Uber, have been locked in a fierce price war as they stage a post-pandemic recovery.
09 Aug, 2023, 03.31 PM IST
Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
01 Aug, 2023, 10.27 PM IST
Lyft to lay off more than 1,000 employees in cost-cut pushRisher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs...
28 Apr, 2023, 08.05 AM IST
Lyft picks new CEO as founders tap out amid fierce competitionThe change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertake...
28 Mar, 2023, 11.20 AM IST
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.
20 Mar, 2019, 11.00 AM IST
This is the year of startup IPO (Whether you like it or not)That “race for liquidity” dynamic is what makes 2019 different from the rest of the decade.
07 Mar, 2019, 07.28 PM IST
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...
20 Oct, 2017, 10.42 AM IST
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.
22 Aug, 2016, 02.22 AM IST
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...
20 Aug, 2016, 02.44 PM IST
Ola's global partner Lyft to expand outside USThe company which has global allaince with China's Didi Chuxing, has been using aggressive marketing campaigns to become popular in the US
12 Jul, 2016, 10.34 AM IST