China's Baidu to deploy robotaxis on rideshare app LyftBaidu plans to launch its robotaxis on rideshare app Lyft in Germany and Britain in 2026. It did not specify which other countries the cars...
04 Aug, 2025, 05.41 PM IST
Should you follow suit? Here's why billionaire Bill Ackman bought $2.3 billion worth of this stockBillionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman ...
11 Feb, 2025, 07.46 PM IST
Uber, Lyft drivers strike across US, demanding fairer payWorkers say the rideshare and food delivery platforms are taking disproportionate sums from their fares as fees, hurting their earnings. Th...
15 Feb, 2024, 09.34 AM IST
Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair payThe strike call is the first since Uber and Lyft went public in 2019. Drivers will picket outside airports and Uber offices, two of the gro...
13 Feb, 2024, 12.42 AM IST
Uber, Lyft to pay $328 million to settle New York wage theft claimsUber and Lyft will collectively pay $328 million to settle allegations from New York's attorney general that they systematically underpaid ...
02 Nov, 2023, 08.46 PM IST
Uber, Lyft to pay $328 million to settle New York wage theft claimsDrivers will also be guaranteed minimum hourly rates and paid sick leave, and be given notices and in-app chat support to address their que...
02 Nov, 2023, 04.21 PM 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
California court upholds Uber, Lyft drivers being contractorsThe ruling came as a victory for ride-share firms and food-delivery app platforms that backed a measure called Proposition 22 ahead of its ...
14 Mar, 2023, 03.52 PM IST
Ola says will shut ‘connected’ car platform Ola Play from November 15The development comes at a time when Ola’s rival Uber has started piloting in-car tablets to display advertisements and value-added service...
11 Nov, 2022, 06.24 PM IST
Uber and Lyft drivers’ complaints are a startup opportunityAmong them are Dallas-based Alto, which hires drivers as employees and gives annual compensation. Empower, based in McLean, Virginia, and W...
21 Aug, 2022, 05.14 PM IST
For Uber and Lyft, the rideshare bubble burstsUber and Lyft are correct that they offer a useful service, including food delivery to the homebound, an alternative to drunken driving and...
18 Oct, 2021, 11.43 AM IST
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...
30 Sep, 2020, 09.41 AM IST
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.
02 Jun, 2017, 11.32 AM IST
Lyft acquires Pune-based startup FinitePathsPune-based startup to close Trail Answers app, cofounders to join team of ride-sharing app.
23 Mar, 2017, 08.45 AM IST
Ola, Didi Kuaidi, Lyft, GrabTaxi enter into a partnership to counter Uber’s reach“This will be a win for the diversity and vitality of the global ridesharing industry,” said Cheng Wei, CEO of Didi Kuaidi.
04 Dec, 2015, 06.04 AM IST
Chinese car-hailing app Didi makes inroads into IndiaChina's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling $500 millio...
18 Nov, 2015, 10.17 PM IST
How Uber is running up the scandal metreThe company, valued at $18.2 billion, has been mired in one controversy after another and is turning into a punching bag.
20 Nov, 2014, 12.09 PM IST