Lyft Shares Plunge on Second Day of Trading
Lyft shares plunged Monday in just its second day of trading. The second-leading ridesharing company saw shares drop over 11% in Monday morning trading to around $69. This number is … Read More
Category: Lyft
Lyft Ready to Go Public Friday at $72 Per Share
SAN FRANCISCO — Lyft, Inc., the nation’s second-largest ridesharing service, announced it will go public Friday at a price of $72.00 per share. This will be the biggest and most-anticipated … Read More
Lyft to Pay Bonuses to Prolific Drivers
SAN FRANCISCO — Lyft plans to offer cash bonuses to the most prolific drivers on its network. The ridesharing company, in connection with its milestone year when its expected to … Read More
Lyft Gives a Lift to IPO
Lyft has filed its S-1 form with the Securities and Exchange Commission to go public later this year and the document is filled with insight into the second-largest ridesharing company … Read More
Top 25 Most Valuable Venture Backed Companies
Research firm Pitchbook has released an updated list of the Top 25 Most Valuable Venture Capital backed companies. There are actually 28 companies on the list since five are tied … Read More
Lyft Launches Subscription Ride Plan
Lyft, the second-largest ride sharing company in the U.S., has launched the All-Access Plan: a subscription where passengers pay upfront every 30 days to lock in a set price for … Read More
Lyft Valued at $15.1 Billion
Lyft says it has raised $600 million in new financing led by mutual fund giant Fidelity Management & Research Company. The funding round gives ride-sharing company Lyft a valuation of … Read More
Lyft to Offer Self-Driving Rides in Vegas
SAN FRANCISCO — Ride-sharing service Lyft plans to introduce self-driving cars to techies during the Consumer Electronics Show in Las Vegas next week through a partnership with Aptiv. The companies … Read More
Delta to Offer Points for Lyft Users
Delta Airlines is partnering with rideshare company Lyft to offer its SkyMiles members more opportunities to earn miles for doing something they can do every day – requesting a … Read More
Lyft Confirms $600 Million Investment
Ride-sharing service Lyft has announced the close of $600 million in a Series G round, giving the company a valuation of $7.5 billion. Existing investors Rakuten and Janus Capital … Read More
Lyft Expands in 54 Cities Across U.S.
Lyft, the nation’s second-largest ride sharing service, has announced its largest launch to date, rolling out the welcome mat to 54 new cities today. The move is part of … Read More
Lyft Hires Google Maps Engineer
Ride-sharing service Lyft has hired former Google engineer Luc Vincent as Vice President of Engineering. Luc will be leading Lyft’s Mapping and Marketplace engineering efforts, ensuring that the real-time … Read More
Lyft Launches Massive Expansion
Lyft, the nation’s second-largest ridesharing service behind Uber, is launching a massive expansion to add 100 cities this year. Lyft will soon offer its service to 300 cities, reaching 231 million people nationwide — about … Read More
Lyft Launching Premier Service
Lyft, the nation’s second-largest ridesharing service, is introducing a luxury level called Lyft Premier. Lyft Premier adds a little luxury to your ride and was requested by many passengers … Read More
Lyft Partners With Ascension Health System
ST. LOUIS — Ascension, the largest non-profit health system in the nation — has partnered with Lyft to make non-emergency transportation services available to patients. The agreement will provide … Read More
MTC to Partner With Lyft on Carpooling Program
OAKLAND — The Metropolitan Transportation Commission (MTC) announced that its 511 Rideshare program is partnering with Lyft to launch a new carpooling option for Bay Area commuters. This partnership will bring … Read More