Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
18 May, 2026, 07.54 PM IST
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 stock drops over 5% as Waymo’s partnership with Lyft fuels investor concernsUber stock faced a dip as Waymo partnered with Lyft for Nashville operations. Lyft's stock saw a surge post-announcement. Investors are con...
17 Sep, 2025, 09.27 PM IST
Uber, Lyft drivers drop price-fixing lawsuit in CaliforniaThe drivers in a filing on Wednesday said they had dismissed their case, which hit a major setback last year when a San Francisco Superior ...
15 Mar, 2024, 09.36 PM IST
Lyft's gains from price cuts not enough to dent Uber's US leadThe average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analy...
06 Nov, 2023, 05.23 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
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...
05 Aug, 2022, 08.29 AM 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
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 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...
25 Feb, 2019, 02.10 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