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LYFT JOHN ZIMMER
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.- Lyft employees told to return to office as new CEO lays out visionOn Friday, David Risher, the company's new CEO, told employees in an all-hands meeting that they would be required to come back into the of...
- We started with a crazy idea, met with disbelief & doubt: Lyft's cofounder John Zimmer says after stepping downUS ride-hailing platform Lyft on Monday announced that cofounders Logan Green and John Zimmer would step down as CEO and president. Green a...
- 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...
- Amazon, Lyft, Stripe, Twitter and other tech companies that have announced hiring freezes and layoffsAmazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."
- 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...
- 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...
- Lyft sees sustained profit starting in third quarter on cost cuts, demand reboundLyft said it expected a strong rebound in U.S. travel in the third quarter, when many homebound Americans who hunger for travel are likely ...
- 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.
- 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 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.
- Here are the big winners hitching a ride on Lyft's IPO planLyft’s filing revealed some startling numbers for the startup. The company lost $991 million last year even as its revenues surged.
- 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...
- 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.
- Ride-hailing startup Lyft files confidentially for US IPORide-hailing companies have attracted billions in venture capital, and 2019 will test whether the money-losing businesses withstand wider i...
- SoftBank looks for an Uber, Lyft in the cab-hailing spaceMasayoshi Son said that he would be willing to invest in Uber Technologies or rival Lyft.
- View: Five mega-trends businesses must watch out forIoT presents a huge opportunity for businesses across sectors -from the kind of new services they can offer to ways of managing the data em...
- 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
- Five Indians in Fortune's '40 under 40' list for this yearAs many as five Indians have featured in this year's Fortune 40 under 40 list, an annual ranking of the most influential young people in th...
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