Lyft continues to lead in providing “All-In-One-App” personal transportation solutions with the expansion of Lyft Rentals through partnership with SIXT, bringing a high-quality rental experience to consumers across the US.SAN FRANCISCO, July 30, 2020 (GLOBE NEWSWIRE) — Following the success of Lyft Rentals in California, we are excited to bring our best-in-class car rental experience… Continue reading Lyft: Lyft Partners with SIXT to Expand Friction-Free Car Rentals Nationwide
Tag: Lyft
Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Lyft is expanding its car-rental option to the entire US, the company said Thursday. The coronavirus pandemic hobbled Lyft’s core taxi business, and its losses are expected to triple in the second quarter. The expansion is possible via a partnership with Sixt, a German rental company that’s aggressively expanding in the US despite a recession. … Continue reading Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Lyft expands its rental business with Sixt partnership
Lyft continues to expand beyond its core ride-hailing business into bikes, scooters, transit and now rental cars. The company said Thursday that it’s taking Lyft Rentals, a pilot program that launched in December, and expanding it through a partnership with Sixt. Lyft Rentals initially gave folks in Los Angeles and San Francisco the ability to… Continue reading Lyft expands its rental business with Sixt partnership
Lyft partners with rental group Sixt to target carless city dwellers
(Reuters) – Lyft Inc said on Thursday it has partnered with the U.S. unit of German rental car group Sixt SE to expand its in-app rental business to carless city dwellers eager to take a trip. The stock price of Lyft Inc. is seen on a display after the company’s IPO at the Nasdaq Market… Continue reading Lyft partners with rental group Sixt to target carless city dwellers
I’m a New York City Uber driver. The pandemic shows that my industry needs fundamental change or drivers will never recover.
Rideshare drivers for Uber, Lyft, and others have been devastated during the COVID-19 pandemic. The shutdown, along with stay-at-home orders issued across the country, has slowed the for-hire vehicle business to a halt. Legislation known as “the Right to Bargain” could finally get drivers the support they need. Aziz Bah is an Uber and Lyft driver in New… Continue reading I’m a New York City Uber driver. The pandemic shows that my industry needs fundamental change or drivers will never recover.
GM says it can pay off $16 billion loan if U.S. recovery continues
(Reuters) – General Motors Co (GM.N) on Wednesday said if the U.S. economy continues to recover from the coronavirus pandemic and the auto industry does not experience any further production shutdowns, the No. 1 U.S. automaker should be able to generate enough cash to pay off a $16 billion loan by the end of the… Continue reading GM says it can pay off $16 billion loan if U.S. recovery continues
New York must pay Uber and Lyft drivers unemployment benefits after an ‘inexcusable delay,’ a federal judge ruled (UBER, LYFT)
A federal judge in New York ruled Tuesday that the state must quickly pay unemployment benefits to Uber and Lyft drivers, earlier reported by The New York Times. Drivers and an advocacy group sued the state, saying it was taking too long to pay drivers, and Tuesday’s ruling requires the state to clear its backlog… Continue reading New York must pay Uber and Lyft drivers unemployment benefits after an ‘inexcusable delay,’ a federal judge ruled (UBER, LYFT)
Six things venture capitalists are looking for in your pitch
Founders pitch venture capitalists at every available chance, which is why most of them quickly develop the skills required to identify whether someone is offering them an opportunity or wasting their time. At TechCrunch Early Stage, I chatted with NFX Managing Partner James Currier about how founders can find the right investors and what they… Continue reading Six things venture capitalists are looking for in your pitch
Lyft: Lyft To Announce Second Quarter 2020 Financial Results
SAN FRANCISCO, July 27, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its second fiscal quarter ended June 30, 2020 after the close of the market on Wednesday, August 12, 2020. On the same day, Lyft will host a conference call at 1:30… Continue reading Lyft: Lyft To Announce Second Quarter 2020 Financial Results
ALYI Confirms Electric Delivery Truck For Sub Saharan Africa
DALLAS, July 27, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed plans for producing and selling electric delivery trucks in Africa made of hemp and powered by hemp batteries. Further design details are expected to be revealed later this year. The company CEO Dr. Randell Torno, first announced the electric delivery vehicles last September in an… Continue reading ALYI Confirms Electric Delivery Truck For Sub Saharan Africa