Appointment Follows Major Strategic Milestones Including New CEO, Key Partnerships with Waymo, Lyft, NVIDIA, and Voyager Global Mobility (VGM) NEW YORK, May 20, 2025 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning,… Continue reading Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Tag: Lyft
Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Appointment Follows Major Strategic Milestones Including New CEO, Key Partnerships with Waymo, Lyft, NVIDIA, and Vehicle Global Management (VGM) NEW YORK, May 20, 2025 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning,… Continue reading Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Tesla pulls all the demand levers with discounts and incentives as sales crash
Tesla is now pulling on all the demand levers in the US with new discounts and incentives as sales are crashing due to brand damage. Over the last few days, Tesla has introduced a series of new discounts and incentives in the US. Previously, Tesla had a program to offer a $1,000 discount for US… Continue reading Tesla pulls all the demand levers with discounts and incentives as sales crash
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: Lyft To Announce Fourth Quarter 2020 Financial Results
SAN FRANCISCO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its fourth fiscal quarter ended December 31, 2020 after the close of the market on Tuesday, February 9, 2021. On the same day, Lyft will host a conference call at… Continue reading Lyft: Lyft To Announce Fourth Quarter 2020 Financial Results
Lyft: Lyft Announces Third Quarter Results
Results reflect ongoing recovery, with third quarter revenue up 47% quarter-over-quarterEnded quarter with $2.5 billion of unrestricted cash, cash equivalents and short-term investments SAN FRANCISCO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2020. “Lyft’s third quarter results reflect our focused execution and… Continue reading Lyft: Lyft Announces Third Quarter Results
Lyft: Lyft Announces Second Quarter Results
Results reflect strong cost management and execution in challenging environment Ended quarter with $2.8 billion of unrestricted cash, cash equivalents and short-term investments SAN FRANCISCO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its second quarter ended June 30, 2020. “While rideshare rides in the quarter were down significantly… Continue reading Lyft: Lyft Announces Second Quarter Results
Traveler Customer Satisfaction Declines Across the Board Data Shows
Customers who book their rental cars directly instead of through an online or traditional travel agent report far higher satisfaction levels. Photo: Clicker Happy / Pixabay After winning over customers last year, the travel industry is facing a familiar challenge: keeping them happy, according to the American Customer Satisfaction Index (ACSI) Travel Study 2025, released… Continue reading Traveler Customer Satisfaction Declines Across the Board Data Shows
Surveillance Pricing Bill Advances, AB 446 Stops Businesses From Setting Prices Based on Data, Says Consumer Watchdog
LOS ANGELES, May 6, 2025 /PRNewswire/ — California’s landmark bill regulating surveillance pricing, AB 446 (Ward), advanced out of the Assembly Committee on Judiciary today by a vote of 8 to 3. “Companies are using our data against us in ways that we fully don’t understand,” said Justin Kloczko, tech and privacy advocate at Consumer Watchdog.… Continue reading Surveillance Pricing Bill Advances, AB 446 Stops Businesses From Setting Prices Based on Data, Says Consumer Watchdog
May Mobility to launch robotaxis on Uber platform this year in Texas
Startup May Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as part of a multi-year partnership. The tie-up with Uber offers May Mobility a chance to grow beyond offering shuttles within campuses and planned communities, while Uber adds May Mobility to its growing… Continue reading May Mobility to launch robotaxis on Uber platform this year in Texas