FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay (Reuters) – Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with… Continue reading Uber to kick off investor roadshow with IPO terms on Friday
Tag: Lyft
Analysts at Lyft underwriters say buy falling stock
(Reuters) – Wall Street’s public opinion of Lyft Inc took a major turn for the positive on Tuesday, after analysts at many of the banks that worked on its initial public offering urged clients to buy the ride hailer’s underperforming shares. The Lyft logo is seen on a parked Lyft Scooter in Washington, U.S., March… Continue reading Analysts at Lyft underwriters say buy falling stock
Sony launches a taxi-hailing app to rival Uber in Tokyo
Sony last year announced it would enter Japan’s taxi-hailing space and, good to its word, the electronics giant has kicked off its S.Ride service in Tokyo. The service — which was first noted by CNET — is a joint venture between Sony, its payment services subsidiary and five licensed taxi companies. Since ride-hailing with civilian… Continue reading Sony launches a taxi-hailing app to rival Uber in Tokyo
Anatomy of a Debacle: Uber and Shimano Threw Lyft-Owned Citi Bike Under the Bus – Streetsblog California
Does Macy’s tell Gimbels? In the days since Citi Bike officials hastily pulled all their e-bikes from New York, San Francisco and Washington, D.C., the Lyft-owned company has been under fire for not fixing the brake problem that has caused an unspecified number of crashes. But a clearer picture of Brake-gate is emerging — and… Continue reading Anatomy of a Debacle: Uber and Shimano Threw Lyft-Owned Citi Bike Under the Bus – Streetsblog California
Uber, Lyft implement new safety measures
Uber and Lyft instituted new safety features and policies this week. The move follows the death of Samantha Josephson, a student at the University of South Carolina, who was kidnapped and murdered in late March. She was found dead after getting into a vehicle that she believed to be her Uber ride. The murder, which… Continue reading Uber, Lyft implement new safety measures
Introducing: Mobile Service from Lyft
Mobile Service brings quality car repairs directly to you. With wiper blades, batteries, oil changes, and more, Mobile Service is part of Lyft Driver Services: our commitment to make driving better for you.We want to help you keep your car in tip-top shape — or help you get back on the road. To get service,… Continue reading Introducing: Mobile Service from Lyft
Aptiv takes its self-driving car ambitions (and tech) to China
Aptiv, the U.S. auto supplier and self-driving software company, is opening an autonomous mobility center in Shanghai to focus on the development and eventual deployment of its technology on public roads. The expansion marks the fifth market where Aptiv has set up R&D, testing or operational facilities. Aptiv has autonomous driving operations in Boston, Las… Continue reading Aptiv takes its self-driving car ambitions (and tech) to China
Waymo launches robotaxi app on Google Play
Waymo is making its ride-hailing app more widely available by putting it on the Google Play store as the self-driving car company prepares to open its service to more Phoenix residents. The company, which spun out to become a business under Alphabet, launched a limited commercial robotaxi service called Waymo One in the Phoenix area… Continue reading Waymo launches robotaxi app on Google Play
Lyft adds Citi Bikes to its app for NYC riders
Lyft is going to integrate Citi Bike into its app for some riders in New York City. Lyft acquired bike-share startup Motivate back in July and proceeded to become a one-stop transportation app in three cities in December. Now, it’s ready to do the same in New York. Beginning early next month, Lyft customers in… Continue reading Lyft adds Citi Bikes to its app for NYC riders
Coming to the Lyft app: Bikes!
Starting in early May, select Lyft users in New York City will begin to see a new mode of transportation available in the app: bikes! As we work to make cities better places to live and increase mobility, we see bikeshare as an integral part of our vision. There’s no question that a platform for… Continue reading Coming to the Lyft app: Bikes!