Launched three years after Uber, Lyft was originally a long-distance car-pooling business, launched by Logan Green and John Zimmer. While Zimride, named after the transportation culture in Zimbabwe ...
This week on the GeekWire Podcast, we discuss Microsoft’s quantum breakthrough; a Washington state bill that targets Uber and Lyft surge pricing; the latest update to the GeekWire 200 ranking of ...
Elvert Barnes photo via Creative Commons. After a big sporting event or arena concert, fans flood city streets in search of a Lyft or Uber ride. To help meet demand, ride-hailing companies tack on ...
Uber Technologies Inc. and Lyft Inc. risk a dropoff in demand if rideshare prices continue to increase beyond current levels, according to a report released Tuesday. The median price of an Uber ...
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock. Arete Research ...
Lyft drivers, meanwhile, worked 5.4% fewer hours in 2024, but saw their pay decline at a faster clip of 13.9% to $318 a week. Workers who shop and deliver orders for Instacart saw their pay for ...
Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.
Now, to the news: Sky-high fees? Logan Airport set a record last year with 43 million passengers — and nearly 30% of them used a ride app like Uber and Lyft, according to airport officials.
Dajua Blanding, the Detroit-based rapper and plus-size influencer known by her stage name Dank Demoss, recently hit the headlines after filing a lawsuit against cab service Lyft. This came after ...
Lee Sperry, a San Diego ride-hailing driver, has spent the past year pushing for better treatment from Uber and Lyft as a member of the advocacy group San Diego Drivers United. But lately ...
After Demoss's video went viral, Lyft said that the driver’s behaviour was “unacceptable” and announced that the matter will be investigated. On social media, where the clip went viral ...