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After #DeleteUber, CEO Pledges $3M To Drivers Affected By Trump's #MuslimBan
After #DeleteUber, CEO Pledges $3M To Drivers Affected By Trump’s #MuslimBan
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Uber CEO Travis Kalanick is scrambling to save his business after his failure to denounce Donald Trump’s immigration ban sparked a #DeleteUber campaign.
Thousands including Janelle Monáe, Trey Songz, Jesse Williams, and Taraji P. Henson have taken to social media to blast Uber and offer instructions on how to delete your account.
Canceling #Uber like… #bye…
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Lyft surges 19% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry (LYFT) | Markets Insider
Lyft surges 19% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry (LYFT) | Markets Insider
Reuters
Shares of Lyft surged as a lot as 19% in after-hours buying and selling Wednesday following the corporate’s better-than-expected first-quarter earnings results.
Regardless of the affect of the coronavirus pandemic, which has hit the ride-hailing sector arduous, Lyft’s outcomes exceeded Wall Avenue’s expectations. The corporate beat estimates for income, and posted a narrower loss than…
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Lyft Co-Founders Logan Green And John Zimmer To Join Us At Disrupt SF
Lyft Co-Founders Logan Green And John Zimmer To Join Us At Disrupt SF
It was just a small over a year ago that a small company named Zimride launched a brand-new product named Lyft. The concept was uncomplicated — connect drivers with an automobile and more moment with passengers who need to get from one place to another. Thanks to GPS, mobile phones, and Facebook Connect, the company has built a platform that has quickly taken off in San Francisco and choose other…
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Lyft Reveals Big Growth but no Profits as It Readies for IPO
Lyft Reveals Big Growth but no Profits as It Readies for IPO
Imported from ttnews.com
BusinessTechnologyAutonomousMarch 4, 2019 9:15 AM, EST Lyft Reveals Big Growth but no Profits as It Readies for IPO
NEW YORK — Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal…
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Lyft reveals plans for bikes and scooters
On Monday, John Zimmer and Logan Green, the co-founders of Lyft, published this Medium post announcing their “approach to partnering with cities to introduce bike and scooter sharing” to their platform.
“Approach to partnering with cities” is undoubtedly a carefully chosen set of words given all the backlash going on right now around dockless scooters.
Nevertheless, this is an exciting announcement. I could have used a scooter this afternoon to get to a meeting. And this is all part of their larger goal of transforming Lyft into a multi-modal platform -- one that will also support conventional public transit.
Here is an excerpt from the Medium post:
Transit, bikes, small electric vehicles, and infrastructure such as safe pedestrian paths and bike lanes, all play a large role in decoupling people’s right to mobility from car ownership. We know we can’t accomplish this alone, and we’re committed to working with cities and residents to bring these elements together in the most cohesive way to maximize a reduction in vehicle miles traveled.
The company has also set the goal that 50% of all trips on the Lyft platform will be shared rides by 2020. It is yet another example of the lines between public transit and ride sharing apps becoming blurrier.
Full post can be found, here.
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