Articles tagged “lyft”

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.

2 days ago

Lyft Doubles Down on Subscriptions to Keep Users Away From Uber

Lyft Doubles Down on Subscriptions to Keep Users Away From Uber

Emily Chang and Eric Newcomer, Bloomberg

Lyft is experimenting as Uber continues to be beset by setbacks. Using a subscription to lock a user to your service is a shrewd move, but it seems unlikely that price-sensitive U.S. consumers will be willing to plunk down hundreds of dollars in advance each month to either player.

3 weeks ago

Uber Drivers in Istanbul Face Cabbie Harassment and Violence

Uber Drivers in Istanbul Face Cabbie Harassment and Violence

Cagan Koc and Ugur Yilmaz, Bloomberg

Should Uber be regulated as a transport company and be subject to the same rules as ordinary taxis? It may be some time until the world reaches a consensus. Meanwhile, Uber drivers face bodily harm by protestors in Istanbul.

1 month ago

Uber’s Retreat From Southeast Asia Is Coming Soon

Uber’s Retreat From Southeast Asia Is Coming Soon

Shira Ovide, Bloomberg

Uber CEO Dara Khosrowshahi says the company isn't going to back down in Southeast Asia, even though Uber has already lost out to Grab in the region. It already succumbed in a battle for China, so admitting defeat in Southeast Asia would represent a major blow to its growth prospects.

1 month ago

Uber and Lyft Drivers in New York City Get Green Light to Display Ads

Uber and Lyft Drivers in New York City Get Green Light to Display Ads

Larry Neumeister, Associated Press

Many drivers will be eager to earn more commissions from putting ads in their vehicles. Finally there's a level playing field — taxis have had TVs and radios with ads for years.

2 months ago

Lyft Hires New Chief Operating Officer From Tesla

Lyft Hires New Chief Operating Officer From Tesla

Eric Newcomer, Bloomberg

Lyft is looking to formally launch in Canada this year, so having an experienced chief operating officer on hand is vital. It doesn't hurt that McNeill comes from Tesla, which has pioneered various automated driving technologies.

2 months ago

Uber’s Rivals Think Now Is the Time to Ramp up European Expansion

Uber’s Rivals Think Now Is the Time to Ramp up European Expansion

Giles Turner, Bloomberg

Given Uber's ability to keep shooting itself in the foot, it's amazing that no serious competition has emerged in places like London and Paris. However, this could all be about to change.

3 months ago

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Alphabet Leads Latest Lyft Funding Round as IPO Looms

Eric Newcomer, Bloomberg

Lyft is looking to finally stop losing money as it prepares to go public in the coming years. More funding will help them finance their Canada expansion and corporate travel push.

5 months ago

Honolulu Airport Tests Ridesharing Services

Honolulu Airport Tests Ridesharing Services

Associated Press

As in other destinations, consumer demand is driving the testing of ridesharing services at Honolulu Airport. The taxi industry is going to have to try to adapt. Travelers coming in and out of the airport will now have some more reasonable transportation options.

5 months ago

Lyft Begins Its Business Travel Journey — Corporate Travel Innovation Report

Lyft Begins Its Business Travel Journey — Corporate Travel Innovation Report

Andrew Sheivachman, Skift

One should expect Lyft to officially partner with more big travel management companies over the next year. It'll be interesting to see how the company's corporate travel push lines up with its international expansion aspirations.

5 months ago

Lyft Finally Goes Corporate With Carlson Wagonlit Travel Deal

Lyft Finally Goes Corporate With Carlson Wagonlit Travel Deal

Andrew Sheivachman, Skift

Lyft is playing catch up in the corporate travel sector, and partnerships with the major global travel management companies are a good way to increase adoption. Uber's lead, however, remains enormous.

5 months ago

Popularity of Ridehailing Services Will Hurt New Car Sales

Popularity of Ridehailing Services Will Hurt New Car Sales

Joe Ryan and David Welch, Bloomberg

Car ownership has been a mainstay of high-income economies since Henry Ford pioneered mass production in the early part of the 20th century. The rise of ridehailing companies like Uber is changing the game, but the greater shock to the system will be when self-driving cars become a reality.

5 months ago