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Page 2 - Lyft

10 well-known companies that laid off staff due to coronavirus

Here is the list of major companies that have said they are downsizing their workforce

10 well-known companies that laid off staff due to coronavirus
Updated On : 19 May 2020 | 7:31 PM IST

The results are in for the sharing economy. They are ugly

Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That's a problem when much of the world is staying home

The results are in for the sharing economy. They are ugly
Updated On : 10 May 2020 | 12:15 AM IST

Rivals Uber and Lyft are driving down different roads in search of profit

Uber and Lyft, both based in San Francisco, are ride hailing's odd couple

Rivals Uber and Lyft are driving down different roads in search of profit
Updated On : 09 Feb 2020 | 12:58 AM IST

Uber puts brakes on growth at any cost strategy and investors will be happy

The company is trying to stop growing where it doesn't make sense

Uber puts brakes on growth at any cost strategy and investors will be happy
Updated On : 05 Nov 2019 | 10:22 AM IST

Uber's revenue improves but user growth, food delivery orders disappoints

San Francisco-based Uber is seeking to assure investors it can evolve from a ride-hailing service to a global all-in-one transportation platform.

Uber's revenue improves but user growth, food delivery orders disappoints
Updated On : 05 Nov 2019 | 7:14 AM IST

Wall Street pokes at start-up bubble as IPO dreams fizzle out

Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers all expected enormous stock sales to turn companies like Uber, Lyft into a new generation of corporate giants

Wall Street pokes at start-up bubble as IPO dreams fizzle out
Updated On : 28 Sep 2019 | 10:29 PM IST

Older people need rides, but what's stopping them from using Uber and Lyft?

More than half of adults over 65 own smartphones, the Pew Research Center has reported. Yet among adults 50 and older, only about a quarter used ride-hailing services in 2018

Older people need rides, but what's stopping them from using Uber and Lyft?
Updated On : 18 Aug 2019 | 12:26 AM IST

Lyft's fast-slumping stock quickly leads to lawsuits from investors

The standard claim is that the company's officers and underwriters overhyped its prospects, leading to investor losses

Lyft's fast-slumping stock quickly leads to lawsuits from investors
Updated On : 20 Apr 2019 | 7:55 PM IST

Lyft's trading debut ranked sixth among the top 10 US tech, internet IPOs

Lyft sold 32.5 million shares for $72 apiece after initially marketing 30.8 million shares at $62 to $68 each

Lyft's trading debut ranked sixth among the top 10 US tech, internet IPOs
Updated On : 30 Mar 2019 | 7:39 PM IST

Lyft aims to raise $2 billion in IPO, offers 30.8 million shares

The San Francisco-based company's offering will be the biggest from a tech upstart since Snap Inc

Lyft aims to raise $2 billion in IPO, offers 30.8 million shares
Updated On : 19 Mar 2019 | 12:31 AM IST

Lyft's IPO filing reveals nearly $1 billion in net losses in 2018

In 2018, the company's revenue totalled $2.2 billion, while it lost $911.3 million

Lyft's IPO filing reveals nearly $1 billion in net losses in 2018
Updated On : 02 Mar 2019 | 9:23 PM IST

Lyft IPO to define the fate of internet taxi companies, investors' money

Lyft hasn't disclosed the number of shares, or their value, it will sell.

Lyft IPO to define the fate of internet taxi companies, investors' money
Updated On : 08 Dec 2018 | 1:15 PM IST

Lyft, Magna International team up for self-driving car system

The companies said they will work together to introduce autonomous vehicles to Lyft's ride-hailing network

Lyft, Magna International team up for self-driving car system
Updated On : 15 Mar 2018 | 8:46 PM IST

Lyft raises additional $500 mn in funding

Fresh funding expected to raise the Uber rival's valuation to $11.5 billion

Lyft raises additional $500 mn in funding
Updated On : 24 Nov 2017 | 3:20 AM IST

Ride-hailing firm Lyft wins permit to test self-driving cars in California

Lyft already has partnerships in place with autonomous car companies to advance its self-driving strategy

Ride-hailing firm Lyft wins permit to test self-driving cars in California
Updated On : 23 Nov 2017 | 1:45 AM IST

Lyft set to claim third of US market in 2017

This year, Lyft is on pace for $1.5 billion in net revenue

Lyft set to claim third of US market in 2017
Updated On : 13 Nov 2017 | 2:35 AM IST

Lyft is said to explore IPO as it raises $1 bn

Alphabet's investment ratchets up the high-stakes battle for supremacy in the ride-hailing industry

Lyft is said to explore IPO as it raises $1 bn
Updated On : 21 Oct 2017 | 1:53 AM IST
Updated On : 28 Sep 2017 | 8:44 PM IST

Lyft valued at $7.5 billion

Lyft said it has closed a $600-million round of financing

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Updated On : 13 Apr 2017 | 3:06 AM IST

Uber rival Lyft acquires Pune-based FinitePaths to tap Indian talent

US-based ride hailing service Lyft has acquired Pune-based startup FinitePaths for an undisclosed sum as it follows its larger rival Uber in tapping India's large talent base to solve its global technology problems.Vinay Kakade and Balaji Raghavan, co-founders of FinitePaths, will join the Lyft team and will shut down their startup's sole product offering which is available on Google and Apple's app stores. The announcement comes at a time when India is emerging as a talent hub for ride-hailing companies."We are very excited to have Balaji and Vinay join our team. They have extensive experience building large scale infrastructure and services. We see this experience as playing a critical role in helping us tackle some of the unique challenges we have at Lyft," said Luc Vincent, VP of Engineering at Lyft, in a statement.The details of the deal were not disclosed, while the founders did not mention if the rest of the small team at FinitePaths would be transitioning to work with Lyft as .

Uber rival Lyft acquires Pune-based FinitePaths to tap Indian talent
Updated On : 23 Mar 2017 | 11:05 AM IST