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 ...
23 Apr, 2026, 10.46 PM IST
Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with BaiduUber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ri...
22 Dec, 2025, 10.48 PM IST
Uber and Lyft agree to give Massachusetts drivers minimum payUber and Lyft settled a legal dispute in Massachusetts, ensuring benefits for gig workers and maintaining driver classification as independ...
28 Jun, 2024, 02.55 PM IST
Thousands of US Uber and Lyft drivers plan Valentine's Day strikesThousands of ride-hailing workers in the US are set to strike at major airports on Wednesday, in what organisers claim will be their larges...
14 Feb, 2024, 11.04 AM IST
Uber and Lyft to pay $328 million to address wage and sick leave issues in New YorkUber and Lyft have settled for a combined $328 million to resolve wage theft claims in New York. The settlement follows investigations into...
02 Nov, 2023, 10.39 PM 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
Lyft’s new CEO David Risher tackles a job requiring some heavy liftingJust days after taking over as CEO, David Risher came up with a restructuring plan that includes laying off nearly 1,100 employees.
02 May, 2023, 05.36 PM IST
Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
11 Feb, 2023, 02.32 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 shares hit record low, piling pressure on Uber ahead of IPOLyft lost $1.1 billion for the March quarter, the company said on Tuesday.
09 May, 2019, 10.16 AM IST
Lyft founders trade their animal costumes for a stage at NasdaqIf Silicon Valley is the fusion of two separate ideological strands, Uber and Lyft positioned themselves on different ends of the spectrum.
05 Mar, 2019, 09.42 AM IST
Big winners of Uber, Lyft IPOs won’t be the usual suspectsThe filings submitted by Uber and Lyft aren’t yet public, but people familiar with each business outlined the largest shareholders.
13 Dec, 2018, 11.09 AM 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
Uber rival Lyft now brings General Motors' $500 million to battleGM will invest $500 mn in Lyft, giving the ride-hailing startup a valuation of $5.5 bn and a major ally in the global battle against Uber.
05 Jan, 2016, 10.40 AM IST