Shortly after going public, Lyft is losing one of its top executives, according to a new report from Bloomberg. Jon McNeill, who joined the ride-hailing business from Tesla about 18 months ago, is reportedly stepping down. Lyft declined to comment. Lyft’s stock (Nasdaq: LYFT) is down nearly 3% on the news. Despite a turbulent first… Continue reading Report: Lyft COO Jon McNeill is leaving
Tag: Lyft
SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek
Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using some of the $7 billion or so that it has raised to date: $2 billion provided by SoftBank is being earmarked Grab’s operations in Indonesia — the biggest economy in Southeast… Continue reading SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek
How top VCs view the new future of micromobility
Earlier this month, TechCrunch held its annual Mobility Sessions event, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things autonomous vehicle technology, micromobility and electric vehicles. Extra Crunch is offering members access to full transcripts key panels and conversations from the event, including our panel on micromobility where… Continue reading How top VCs view the new future of micromobility
Lyft poaches Bird’s head of vehicle product
Shared electric bike and scooter services are constantly at war with each other — whether it’s battling for an operating permit in a highly coveted market, raising a massive round of funding or making a key hire. Today, the war continues with Lyft’s recent hiring of Eugene Kwak, Bird’s now-former head of vehicle product. Kwak’s… Continue reading Lyft poaches Bird’s head of vehicle product
Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
A new competitor in the ride-hailing market has emerged to challenge the pole position held by long-time player Didi Chuxing – T3 Chuxing. T3 Chuxing was unveiled by its operator Nanjing Lingxing Technology Company Limited in Nanjing on Monday, according to a statement by the startup. Its mobile app went online on July 17 and… Continue reading Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
Lyft opens to the public autonomous driving data set from its Level 5 self-driving fleet
Lyft is offering to the public a set of autonomous driving data that it calls the “largest public data set of its kind,” containing over 55,000 3D frames of captured footage hand-labeled by human reviewers, data collected by seven cameras and as many as three lidars depending on the car used, plus a drivable surface… Continue reading Lyft opens to the public autonomous driving data set from its Level 5 self-driving fleet
Onward raises $1.5 million to offer round-trip rides to older adults needing assistance
Uber and Lyft aren’t designed to transport people who need a little help getting out of the house or need someone to help get them from the doctor’s waiting room back to their home. While Uber, for example, has launched Uber Health to help patients get to their appointments, the drivers are not vetted with… Continue reading Onward raises $1.5 million to offer round-trip rides to older adults needing assistance
Uber tests monthly subscription that combines Eats, rides, bikes and scooters
Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters. In this pilot phase, Uber is testing a few different iterations in San Francisco and Chicago, but each version includes a fixed discount on every ride, free Uber Eats delivery and free JUMP (bikes and scooters) rides. The pass costs… Continue reading Uber tests monthly subscription that combines Eats, rides, bikes and scooters
Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth
FRANKFURT/MUNICH (Reuters) – Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday. Jochen Engert, founder and CEO of German mobility platform FlixBus that runs bus and train services, poses for a… Continue reading Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth
BMW ReachNow car-sharing service shuts down in Seattle and Portland following joint venture deal
BMW’s ReachNow will shut down today. (GeekWire Photo / Kurt Schlosser) Peace out, ReachNow. BMW’s car-sharing service abruptly ceased operation Wednesday, ending a mobility program that included 1,000 free-floating vehicles used by more than 100,000 members across Seattle and Portland. A spokesperson confirmed that ReachNow offices in those two cities will close in the next… Continue reading BMW ReachNow car-sharing service shuts down in Seattle and Portland following joint venture deal