Articles tagged “lyft”

Uber’s Path to $70 Billion Won’t Be Kind and Gentle

Uber’s Path to $70 Billion Won’t Be Kind and Gentle

Leila Abboud, Bloomberg

It will be a challenge for Uber to repair its image and conduct damage control while continuing to grow globally with an eye on going public.

3 months ago

Lyft Looks to Ford to Help It With Self-Driving Car Ambitions

Lyft Looks to Ford to Help It With Self-Driving Car Ambitions

Eric Newcomer, Bloomberg

Lyft has other technology issues to focus on as well, like gettting its drivers to show up on the same side of the street as its riders. We think it and Uber are over iterating with autonomous cars.

3 months ago

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Mark Bergen and Eric Newcomer, Bloomberg

While Alphabet's Waymo self-driving car unit is tied up with litigation against Uber, Alphabet/Google can inject some much-needed cash into Lyft. Side note: Uber's new CEO, the former Expedia boss, would have another reason to be miffed at Google.

3 months ago

Lyft Has Been Taking Advantage of Uber’s Troubles to Gain Ground

Lyft Has Been Taking Advantage of Uber’s Troubles to Gain Ground

Michael Liedtke and Tom Krisher, Associated Press

Lyft would be silly not to take advantage of Uber's self-inflicted errors in order to gain ground.

3 months ago

Lyft Takes Advantage as Uber Ponders Big Changes

Lyft Takes Advantage as Uber Ponders Big Changes

Michael Liedtke and Tom Krisher, Associated Press

Uber has slowly been losing ground in the U.S. but remains the dominant ridesharing company. For that to change, Lyft is going to have to become more aggressive than it's been in the past, and expanding into 32 new states is a key part of that strategy.

3 months ago

Lyft Expands Into 32 New States as Battle With Uber Heats Up

Lyft Expands Into 32 New States as Battle With Uber Heats Up

Tom Krisher, Associated Press

Lyft is shooting its shot while Uber tries to get its act together. But it'll be hard for Lyft to compete in rural areas where Uber already dominates the ridesharing market and has brand recognition, even if drivers are active on both services.

4 months ago

Ridesharing Gets More Seamless — Skift Corporate Travel Innovation Report

Ridesharing Gets More Seamless — Skift Corporate Travel Innovation Report

Hannah Sampson , Skift

Ridesharing companies know that corporate travel represents big business. Making their products easier for business travelers to use — and expense — is a smart move.

5 months ago

Uber App to Include Tipping Option as Part of Image Makeover

Uber App to Include Tipping Option as Part of Image Makeover

Michael Liedtke and Tom Krisher, Associated Press

Uber giveth and Uber taketh. The embattled company is taking small steps in the U.S. to improve things for drivers while getting more punitive in stiffening cancellation fees for riders. This company struggles at the seemingly easy things.

6 months ago

Uber CEO Plans to Take Leave as Management Board Asserts Control

Uber CEO Plans to Take Leave as Management Board Asserts Control

Eric Newcomer, Bloomberg

As Uber shambles on following the departure of numerous top executives, one has to wonder who exactly will be tabbed to fill the company's leadership vacuum. Will the company be able to continue its rapid growth without Kalanick's aggressive presence at the helm?

6 months ago

Lyft Is Beating Its Financial Goals But Faces Long Road to Profitability

Lyft Is Beating Its Financial Goals But Faces Long Road to Profitability

Selina Wang and Eric Newcomer, Bloomberg

Lyft's growth shows that Uber still hasn't locked up the U.S. ridesharing market. The #DeleteUber backlash has certainly contributed to Lyft's gains.

8 months ago

Lyft Drivers Sue Uber Over Allegations of Spying

Lyft Drivers Sue Uber Over Allegations of Spying

Pamela MacLean, Bloomberg

Could things be any worse for Uber right now?

8 months ago

This Tiny Resort Island Doesn’t Want Uber or Lyft

This Tiny Resort Island Doesn’t Want Uber or Lyft

Matt O'Brien, Associated Press

If Austin tourism can still thrive despite the loss of Uber and Lyft, perhaps Block Island's resistance to ridesharing apps isn't a bad thing, either.

8 months ago