Articles tagged “lyft”

Uber Continues to Burn Through Cash in Search for Sustainable Business Model

Uber Continues to Burn Through Cash in Search for Sustainable Business Model

Shira Ovide, Bloomberg

Successful companies turn a profit, and Uber has yet to prove it can do so. Realistically, the company has serious work to do before it can go public. This should concern investors and users alike.

1 month ago

New York City Approves Short-Term Measure to Curb Uber and Lyft Growth

New York City Approves Short-Term Measure to Curb Uber and Lyft Growth

Henry Goldman, Bloomberg

While we respect regulation for important matters like safety, perhaps New York should let the market take care of some of these issues.

1 month ago

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Why Car Rental Companies Won’t Go Out of Business Anytime Soon

Justin Fox, Bloomberg

Yes, consumers — even business travelers — like to use ridesharing apps. But corporate travelers are still renting plenty of cars and paying hefty prices for them. Sometimes, that's still the best way to get around.

2 months ago

Lyft Snaps Up Bike Rental Company Offering Citi Bike

Lyft Snaps Up Bike Rental Company Offering Citi Bike

Eric Newcomer, Bloomberg

Lyft's push into the bike rental business may prove to its executives how little overlap there is with ridesharing. Can Lyft handle a whole new set of challenges presented by politics and regulations?

3 months ago

A Startup Is Offering Extra Insurance for Uber and Lyft Rides

A Startup Is Offering Extra Insurance for Uber and Lyft Rides

Sarah Skidmore Sell, The Associated Press

It's hard to imagine people having the time to think about buying insurance for an Uber or Lyft ride, let alone understanding what it gets them. We're more sure that both companies should better explain their insurance policies to passengers.

3 months ago

Southeast Asia’s Ridesharing Battle Continues With $1 Billion Investment in Grab

Southeast Asia’s Ridesharing Battle Continues With $1 Billion Investment in Grab

Ville Heiskanen, Bloomberg

After forcing Uber to cooperate with its ambitions in Asia, Grab is receiving billions in funding to compete against rival service Go-Jek.

3 months ago

Scooter Startups Believe They Can Become the Next Uber or Lyft

Scooter Startups Believe They Can Become the Next Uber or Lyft

Joshua Brustein, Bloomberg

Thinking you can revolutionize urban mobility is a start, but for these electric scooter startups that possibility seems far from the reality at the moment, if you ask us.

4 months ago

Lyft ‘Minnie Van’ Drivers at Disney World Can Become Teamsters

Lyft ‘Minnie Van’ Drivers at Disney World Can Become Teamsters

Mike Schneider, Associated Press

Lyft drivers have a chance to become Teamsters, the result of dealings behind the scenes of the happy facade at Disney World. Will we see more ridesharing drivers organize?

4 months ago

Lyft Is Quietly Catching Up to Uber in Canada Expansion

Lyft Is Quietly Catching Up to Uber in Canada Expansion

Gerrit De Vynck, Bloomberg

Slow and steady may win the race for Lyft, which is surely happy to sit back and let Uber struggle with its high-profile problems.

4 months ago

Lyft Continues to Gain Ground in Business Travel Ground Transportation

Lyft Continues to Gain Ground in Business Travel Ground Transportation

Andrew Sheivachman, Skift

Beyond the Uber and Lyft drama here, the deeper trend seems to be companies and travel managers allowing business travelers to make their own choices about which ground transportation option they prefer. This represents a major change from how things used to be, and it is good news for the industry.

5 months ago

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New Research Finds Near-Universal Acceptance of Ridesharing Among Business Travelers

New Research Finds Near-Universal Acceptance of Ridesharing Among Business Travelers

Lyft + Skift

Ridesharing is now the norm for business travelers. As evidenced by Skift’s new survey on corporate travel ground transportation habits, it’s now widely embraced by business travelers from organizations across all industries and company sizes.

5 months ago

Lyft Looks to Sustainability as Another Differentiator From Uber

Lyft Looks to Sustainability as Another Differentiator From Uber

Eric Newcomer, Bloomberg

Competing on sustainability is the next phase in Lyft's effort to market itself as a wholesome alternative to the dastardly Uber. We'd like to see some concrete details on the company's eco-friendly efforts beyond just a blog post, though.

5 months ago