Uber’s IPO is expected to raise $9 billion. Photo via Uber. Uber and Lyft drivers across the globe are planning a walk out Wednesday to protest working conditions and wages, the Washington Post reports. The strike, planned ahead of Uber’s Friday initial public offering (IPO), is being backed by the New York Taxi Workers Alliance.… Continue reading Ride-Hailing Drivers Plan Strike
Tag: Lyft
Uber and Lyft drivers are striking ahead of Uber’s IPO
With Uber expected to make its debut on the public market by Friday, May 10, on-demand ride-hailing drivers are planning to strike on Wednesday. The New York Taxi Workers Association is calling on U.S.-based drivers to stand in solidarity with drivers in London and log off from both Uber and Lyft on May 8 between… Continue reading Uber and Lyft drivers are striking ahead of Uber’s IPO
Lyft Says It’s ‘Not in the Transportation Business,’ So Disability Law Doesn’t Apply – Gizmodo
Photo: Mario Tama (Getty) We’re in the season of multi-billion-dollar rideshare IPOs where the spotlight is on global and unprofitable transportation companies like Lyft and Uber as they try to get into the black. Let’s check in with how the process is unfolding. Excuse me, I’m sorry, my notes here say that actually, Lyft is… Continue reading Lyft Says It’s ‘Not in the Transportation Business,’ So Disability Law Doesn’t Apply – Gizmodo
Lyft and Ground Up PDX introduce Cashew Chai
This spring, Lyft has teamed up with Ground Up PDX, a Portland company that employs women overcoming adversity, to debut the customized nut butter flavor, Cashew Chai — a flavor imagined by Lyft driver and aspiring teacher Melanie H. With each jar sold, Lyft will donate a ride to nonprofit Outside In to help a… Continue reading Lyft and Ground Up PDX introduce Cashew Chai
Liam O’Connor, hired to help build Lyft’s bike and scooter business, has left after 7 months
The emerging business of offering bikes and scooters on demand has not always been very smooth, and today comes one of the latest bumps: TechCrunch has learned and confirmed that Liam O’Connor, an executive hired to help transportation company Lyft build its bike and scooter operations, has left after seven months with the newly-public company.… Continue reading Liam O’Connor, hired to help build Lyft’s bike and scooter business, has left after 7 months
TransitScreen Raises $3M in Funding
TransitScreen, a Washington, DC-based provider of real-time transportation information software, closed a $3m funding round. Backers included Timia Capital. bringing the total to The company, which has raised $6.1m in total funding, intends to use the funds to enhance the capabilities of its mobile app CityMotion, continue hiring and increase its office space in Washington,… Continue reading TransitScreen Raises $3M in Funding
Lyft Hires First Head of Machine Learning and Artificial Intelligence
Lyft’s mission is to improve people’s lives with the world’s best transportation. And in order to deliver on our mission, we need to have a deep understanding of our drivers and riders and the cities in which they live. We’re taking steps every day to make that happen, and that’s why we’re thrilled to announce… Continue reading Lyft Hires First Head of Machine Learning and Artificial Intelligence
Bird Announces Monthly Scooter Subscription Service
Personal Scooting The electric scooter company Bird just unveiled a new subscription service: instead of hunting for an available unit and paying to activate it, customers can pay a monthly fee to get access to their own scooter for a full month. The new subscription service, currently available only in San Francisco and Barcelona, may… Continue reading Bird Announces Monthly Scooter Subscription Service
UPDATE 4-Lyft elevates GM first-quarter profit, pickups in driver’s seat
DETROIT (Reuters) – General Motors Co on Tuesday reported a higher-than-expected quarterly profit, lifted by revaluations of shares it holds in ride-hailing company Lyft Inc and France’s Peugeot SA. FILE PHOTO: A General Motors sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November… Continue reading UPDATE 4-Lyft elevates GM first-quarter profit, pickups in driver’s seat
REFILE-UPDATE 1-German chauffeur service Blacklane plans IPO within 3 years
DUBAI (Reuters) – German chauffeur service Blacklane is planning an initial public offering (IPO) in the next three years, its chief executive told Reuters, as it strives to build its position in the fast-growing premium taxi market. Any flotation would follow those of larger ride-hailing rivals. U.S. group Lyft listed last month with a valuation… Continue reading REFILE-UPDATE 1-German chauffeur service Blacklane plans IPO within 3 years