BusUp, a Spanish corporate bus commuter management solution in the E.U. and LatAm, closed its $6m Series A financing. The round was led by Proeza Ventures, and supported by US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE’s Business School venture fund Finaves V, among others. The company intends… Continue reading BusUp Raises $6M in Series A Funding
Tag: Lyft
Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery (UBER)
Uber on Wednesday reported $3.17 billion in Q4 revenue, missing expectations of $3.58 billion. Uber reported GAAP losses per share of $0.54, beating analyst expectations of $0.55. Uber’s valuation doubled in 2020 despite the pandemic and the company’s inability to turn a profit. Visit the Business section of Insider for more stories. Uber on Wednesday… Continue reading Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery (UBER)
Why Lyft’s food delivery strategy centers on sharing customer data with restaurants and retailers
Lyft is piloting B2B on-demand delivery in certain US markets. Adding delivery is part of the company’s long-term growth strategy. Lyft said merchants are looking for delivery partners that allow them to keep relationships with customers. Visit the Business section of Insider for more stories. Just when the crowded delivery space was thinning out amid… Continue reading Why Lyft’s food delivery strategy centers on sharing customer data with restaurants and retailers
Lyft could pay about $3,000 for failing to disclose that it paid for some ads in its $48 million Prop 22 campaign (LYFT)
Lyft could pay $3,371 for not noting it paid for some Prop 22 ads. Lyft spent $48 million campaigning for Prop 22, which would allow it to pay drivers as contractors. California voters approved the legislation in the November election. Visit the Business section of Insider for more stories. Lyft is being threatened with a… Continue reading Lyft could pay about $3,000 for failing to disclose that it paid for some ads in its $48 million Prop 22 campaign (LYFT)
@GM: GM Reports Strong 2020 Full-Year and Fourth-Quarter Results February 10, 2021
DETROIT – General Motors Co. (NYSE: GM) today reported strong 2020 full-year and fourth quarter earnings despite production interruptions caused by the COVID-19 pandemic and the impact of the Takata airbag-inflator recall announced in November. Click here to download GM Chairman and CEO Mary Barra’s letter to shareholders. Barra and Chief Financial Officer Paul Jacobson… Continue reading @GM: GM Reports Strong 2020 Full-Year and Fourth-Quarter Results February 10, 2021
Lyft CEO Logan Green predicts US will reach ‘critical immunity levels’ faster than many international markets (LYFT)
Lyft CEO Logan Green said the US will reach “critical immunity” faster than many other countries. Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues. The US still has one of the worst COVID-19 outbreaks, but has higher-than-average vaccine rates. Visit the Business section of Insider for more stories.… Continue reading Lyft CEO Logan Green predicts US will reach ‘critical immunity levels’ faster than many international markets (LYFT)
Lyft/driverless cars: along for the ride
Company’s consumer-facing app could turn autonomous vehicles into viable commercial proposition Go to Source
CES 2021 – GM CEO Mary Barra And Cadillac Presentation At GM Keynote For Tuesday – Oakland News Now Today Blog
OaklandNewsNow.com, Oakland News Now, Oakland News Right Now, Oakland-News-Now.com, @OaklandNewsNow, Oakland studio apartments, #OaklandNewsNow, #OaklandForever, Oakland Apartments for Rent, oaklandnewsblog.com, Women for America First , Swyft Filings, StreamYard, Bowie Refined Coal, Higher Heights, political power, Black women, jill biden west wing, Ginele Harris, Brendon Woods, Alameda County Public Defender, beyond bright led light as seen… Continue reading CES 2021 – GM CEO Mary Barra And Cadillac Presentation At GM Keynote For Tuesday – Oakland News Now Today Blog
Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results
Fourth quarter revenue of $570 million grew 14% quarter-over-quarterExceeded annualized fixed cost reduction target in Q4Positioned for strong organic growth and margin expansion as the recovery takes hold SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. “Despite… Continue reading Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results
Lyft says cost cuts, coming ride recovery could bring third-quarter profit
By Tina Bellon, Akanksha Rana 5 Min Read (Reuters) – Lyft Inc said on Tuesday it could make an adjusted profit by the third quarter of this year despite the pandemic thanks to additional cost cuts and an expected rebound in ride-hail demand beginning in the second quarter of 2021. FILE PHOTO: The Lyft Driver… Continue reading Lyft says cost cuts, coming ride recovery could bring third-quarter profit