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Lyft Inc

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  • Thursday, 15 February, 2024
    Fashion accessories
    Lyft your clothing game with this blunder-proof t-shirt

    you know your guidance (your guidance keeps lyfting me) keep on lyfting (guidance keeps lyfting me) higher (lyfting me) higher and higher (higher)

  • Wednesday, 14 February, 2024
    LexUS & Canadian companies
    Even 50 basis points counts as progress for beleaguered Lyft Premium content

    Careful observers might have clocked that the erroneous ‘500 basis points’ of margin improvement was preposterous

    Lyft signage on a car at San Francisco International Airport
  • Wednesday, 14 February, 2024
    FT Alphaville
    Caution: Lyft out of order

    Pointless back-engineering of a costly fat finger

  • Wednesday, 14 February, 2024
    Lyft shares go on wild ride after earnings release error

    Ride-hailing company’s stock surges more than 60% before correction to margin growth outlook for 2024

    The Lyft logo
  • Monday, 18 September, 2023
    Lyft pays $10mn to settle probe into Icahn’s stake sale ahead of IPO

    Securities and Exchange Commission faults ride-hailing app for failing to disclose role of director in deal

    Lyft officials cheer as they as they ring a ceremonial opening bell in Los Angeles in 2019
  • Wednesday, 9 August, 2023
    Lex
    Lyft: fare cuts bring little cheer for Uber peer Premium content

    Increase in riders comes at expense of revenue and profit for ride-hailing platform

    A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in California
  • Tuesday, 28 March, 2023
    Lex
    Lyft: Risher cannot reverse ride hailer out of market dead end Premium content

    Tech group’s poor performance and high costs make it a potential acquisition target

    Signage is displayed at the Lyft driver hub building in San Francisco, California, US
  • Monday, 27 March, 2023
    Lyft founders step back as ride-hailing company names new chief

    Former Amazon executive David Risher will take over as the company tries to make up ground lost to rival Uber

    John Zimmer and Logan Green
  • Friday, 10 February, 2023
    Lex
    Lyft: running low on gas in race against Uber Premium content

    Being a more localised and focused company should be an advantage but in practice, size matters

    Travellers walk toward a Lyft pick-up area at Los Angeles international airport
  • Friday, 10 February, 2023
    Uber surges further ahead of rival Lyft in ride-share race

    Lyft acknowledges profits will fall as it tries to catch up in increasingly lopsided battle

    A sign marks a rendezvous location for Lyft and Uber users
  • Tuesday, 8 November, 2022
    Lex
    Ride hailing: Uber is driving Lyft’s pure-play model off the road Premium content

    Competition is throwing up roadblocks to smaller group’s post-pandemic recovery

    A sign in San Diego for Uber and Lyft
  • Thursday, 3 November, 2022
    Technology sector
    Tech groups cut jobs and pause hiring amid ‘leaner times’

    Stripe and Lyft become latest to announce lay-offs as Amazon keeps lid on headcount

    Small toy figures in front of a Stripe logo
  • Tuesday, 11 October, 2022
    Gig economy
    Uber and Lyft slide after US proposes new gig work rule

    ‘Test’ would determine if workers are employees or independent contractors

    A bike messenger carries a DoorDash bag in San Francisco, California, on December 23 2020
  • Tuesday, 11 October, 2022
    Michael Moritz
    Lyft wants a free ride from California’s richest

    The company is sponsoring a climate tax on high earners to fund new vehicles and bail out its drivers

    A Lyft pick-up area at Los Angeles international airport. The new tax backed by the company risks prompting more of California’s highest earners to take flight
  • Tuesday, 14 June, 2022
    Driverless vehicles
    The peculiar economics of autonomous cabs 

    A reality check for Lyft’s over-ambitious, ever-decreasing, ETA-free plans for robot taxis

  • Wednesday, 4 May, 2022
    #techFT
    Investors drop off Uber and Lyft shares Premium content

    US set to target Hikvision, Airbnb’s sunny outlook, Lego builds online business

    Uber app on a smartphone
  • Wednesday, 4 May, 2022
    Uber Technologies Inc
    Uber’s ride-hailing business recovers as rival Lyft struggles

    San Francisco-based companies that have been hit by Covid curbs on movement post contrasting results

    Cars parked in front of a building with an Uber logo
  • Tuesday, 22 March, 2022
    FT MagazineElaine Moore
    Why San Francisco turned sour on Uber, Lyft and other ride-hailing apps

    A new service hopes to offer something new to drivers and riders. But it shouldn’t expect an easy ride

  • Thursday, 10 February, 2022
    #techFT
    Uber’s profit delivery not quick enough

    Twitter’s modest ad hit, Vodafone rejects Iliad bid, Samsung’s massive tablet

  • Thursday, 2 December, 2021
    News in-depthTransport
    Petrol prices bruise car drivers in US gig economy

    Ride-hailing and delivery app workers turn down customers far away or quit after fuel costs soar

  • Friday, 5 November, 2021
    #techFT
    Is ride-hailing finally a profitable business?

    There could be better days ahead for investors, but the wider sector still faces some challenges

    An Uber logo
  • Sunday, 17 October, 2021
    LexGig economy
    Gig jobs: Lyfts to wages make it tougher for platforms to Deliveroo Premium content

    Labour cost inflation and employment pressures will test business models of apps

    A Food delivery courier for Deliveroo
  • Monday, 23 August, 2021
    Gig economy
    Uber and Lyft shares rise despite legal setback on ‘gig workers’

    Companies to contest ruling that California’s Proposition 22 on contractors is ‘unconstitutional’

    Uber and Lyft drivers protest in front of City Hall in Los Angeles
  • Monday, 23 August, 2021
    Gig economy
    US gig workers carry on the fight for rights as jobless aid comes to an end

    Millions will be left unprotected when coronavirus pandemic safety net expires in September

  • Thursday, 6 May, 2021
    Uber Technologies Inc
    Uber seeks to reassure investors over rising US regulatory threat

    Ride-share group’s employment model faces scrutiny from labour secretary Marty Walsh

    US labour secretary Marty Walsh
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