Tag: Lyft

Washington Uber and Lyft drivers win paid family and medical leave

Washington’s Senate unanimously passed a bill this week that would make the state the first in the nation to grant ride-hail drivers the right to paid family and medical leave. The bill, HB 1570, builds on driver rights won in 2022’s Expand Fairness Act, which set a high statewide wage floor for drivers and established… Continue reading Washington Uber and Lyft drivers win paid family and medical leave

Wrapmate adds Wrapify, a category leader in rideshare advertising, to its portfolio of companies

DENVER, April 10, 2023 /PRNewswire/ — Wrapmate today announced it has completed a strategic, majority investment in Wrapify, a leader in measurable rideshare advertising and a three-time Inc. 5000 company. Together the two companies will leverage their operational synergies, technology platforms, and buying power to deliver more effectively for customers nationally, while also supporting an unprecedented,… Continue reading Wrapmate adds Wrapify, a category leader in rideshare advertising, to its portfolio of companies

Lyft re-launches EV service, starting with business travelers

Lyft is re-launching a feature that will allow riders to request an electric or hybrid vehicle for their next pickup. The service, Lyft Green, will initially only be available to business travelers in select cities when it begins April 17. Lyft had originally launched Lyft Green in 2019 in Seattle, with plans to scale across… Continue reading Lyft re-launches EV service, starting with business travelers

Lyft hails new leadership, layoffs come for Lucid and Waymo retires its self-driving minivan

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Lyft hails new leadership, layoffs come for Lucid and Waymo retires its self-driving minivan

How ridesharing can help solve the challenge of urban EV ownership

Revel aims to promote EV adoption in cities by solving two interrelated problems: The company’s rideshare fleet generates demand to justify the cost of installing DC fast chargers, and its charging Superhub ensures that the fleet stays charged, while also offering charging to the public. Public charging and rideshare charging tend to take place at… Continue reading How ridesharing can help solve the challenge of urban EV ownership

Lyft might drop shared rides, stay focused on basics under new CEO

Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing business and become profitable. David Risher, who is taking over as Lyft’s CEO in mid-April, told TechCrunch in a wide-ranging interview that other features may… Continue reading Lyft might drop shared rides, stay focused on basics under new CEO

The market has changed, but super-voting shares are here to stay, says Mr. IPO

Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold… Continue reading The market has changed, but super-voting shares are here to stay, says Mr. IPO

Lyft co-founder Logan Green is stepping down as CEO

David Risher, a former Amazon executive, will take over as chief executive on April 17th. More than a decade into its life, Lyft is bringing on a new chief executive officer. On Monday afternoon, the company announced current CEO and co-founder Logan Green would hand day-to-day operations of Lyft to David Risher, a former Amazon… Continue reading Lyft co-founder Logan Green is stepping down as CEO