Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the […]
Lyft
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Back to news homeLyft co-founder Logan Green retains board seat despite shareholder opposition
Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual […]
Gig workers in California to receive millions for unpaid vehicle expenses
Uber, Lyft, DoorDash and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 and 2023. The […]
Tepid investor reaction clouds Lyft’s new strategy
The company’s bet on a slimmer, more-focused business echos tech’s trend of doing more with less Alex Wilhelm Anna Heim 8 hours Shares of Lyft are off sharply this morning, […]
Washington Uber and Lyft drivers win paid family and medical leave
Washington’s Senate unanimously passed a bill this week that would make the state the first in the nation to grant ride-hail drivers the right to paid family and medical leave. […]
Lyft might drop shared rides, stay focused on basics under new CEO
Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing […]
The market has changed, but super-voting shares are here to stay, says Mr. IPO
Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. […]
Lyft shares get crushed on weak guidance for first quarter
Lyft beat the Street on revenue in the fourth quarter, but it wasn’t enough to assuage investors who reacted to the ride-hailing company’s weak guidance for the first three months […]
Micromobility in limbo: Takeaways from Paris and LA
Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in […]
The transportation stories that drove 2022
2022 was the kind of year that made us think, “What a time to be alive and reporting on transportation.” This year was absolutely dominated by conversations around the realities […]