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 […]
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Back to news homeLyft sued by drivers, passengers claiming company failing to protect users from assault
Lyft is facing a fresh batch of lawsuits from drivers and passengers who say they were sexually and physically assaulted during rides and accused the ride-hailing company of failing to […]
Lyft continues its COVID recovery, but investors are far from impressed
American ride-hailing company Lyft reported Tuesday its first quarter financial performance, a report that showed continued improvement from the loss of business it experienced during the COVID-19 pandemic. In Q1, […]
Waymo to begin charging for robotaxi rides in San Francisco
Waymo, the self-driving unit of Alphabet, has scored a permit with the California Public Utilities Commission that allows it to charge riders for ride-hailing trips in its autonomous vehicles in […]
Uber wrapped 2021 with strong revenue growth and greater adjusted profitability
Today after the bell, Uber reported its fourth-quarter financial performance. The company saw $25.9 billion in gross platform spend, up 51% compared to its year-ago result, and revenues of $5.78 […]
Lyft’s revenue growth masks active riders slippage
U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet […]
Why MPG should matter for electric vehicles
Tom Rutledge Contributor Tom Rutledge is a co-founder of Wapanda, a startup dedicated to realizing the goal of city-led innovation in the taxi and ride-share industry. If saving the environment […]