In the summer of 2023, Lyft was contemplating the sale of its micromobility business after receiving strong interest from prospective buyers. Today, the ride-hail company is doubling down on its ...
What a difference a zero can make. Lyft shares enjoyed a short-lived pop after Tuesday's closing bell, surging as much as 67% after the company issued an outlook mistakenly projecting that its margins ...
Lyft’s shares tanked 17% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber. Uber, which reported strong results on Tuesday, and ...
In an effort to improve its security measures, Lyft announced Tuesday a new rider verification pilot program to help drivers verify riders’ identities and ensure that they are indeed who they say they ...
Shares of Lyft Inc. slid in extended trading Tuesday after the ride-hailing platform offered a forecast for a key demand metric that came in below Wall Street’s expectations, as it lowered prices to ...
Lyft (NASDAQ:LYFT) could be an attractive acquisition target for Amazon (AMZN), helping the ecommerce giant ramp up its robotaxi business to better compete with Tesla (TSLA) and Alphabet’s (GOOG, ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash will strike across the United States on Valentine’s Day seeking fair pay, drivers’ groups said on Monday. The ...
Major corporations are investing heavily into autonomous vehicles. Lyft is taking things to a new level by developing one of the largest passenger autonomous vehicles on American roads. The upcoming ...