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Lyft Reports Q2 Revenue Of $765.0 Million
Lyft Inc Expects Adjusted EBITDA Loss Of $35 Mln To $45 Mln In Q2 - Conf Call
Lyft plans to increase driver incentives in coming months- spokesman
Lyft, Inc. owns and operates multimodal transportation networks in the United States and Canada that offer access to a variety of transportation options through the Company’s platform and mobile-based applications. Its Lyft platform offers a ridesharing marketplace, which connects drivers with riders to provide car sharing and transportation services via the Lyft mobile. The Company provides Light Vehicles, drivers renting vehicles through Express Drive, Lyft Rentals renters, Lyft Driver Center and Lyft Auto Care users. The Company's transportation network brings together rideshare, bikes, scooters, car rentals and transit all in one app.
185 Berry St Ste 5000
SAN FRANCISCO, CA
Prashant K. Aggarwal
Independent Chairman of the board
John Patrick Zimmer
President, Vice Chairman of the Board, Co-Founder
Logan D. Green
Chief Executive Officer, Co-Founder, Director
Chief Financial Officer
General Counsel, Secretary
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
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Lyft Inc will cover all legal fees for the ride-hail company's drivers sued under a new Texas law imposing a near-total ban on abortion, Chief Executive Logan Green said on Friday.
Massachusetts' attorney general on Wednesday gave backers of a proposed ballot measure, which would define drivers for app-based companies like Uber Technologies Inc and Lyft Inc as independent contractors rather than employees, the green light to collect the signatures...
Massachusetts' attorney general on Wednesday gave backers of a proposed ballot measure that would define drivers for app-based companies like Uber Technologies Inc and Lyft Inc as independent contractors rather than employees the green light to collect the signatures needed...
A California federal judge said investors in Lyft Inc's initial public offering can proceed as a class on claims that the ride-hailing service did not disclose safety issues including alleged sexual assaults by drivers.
A return to business as usual for Uber Technologies Inc and its rival Lyft Inc has thrown up a new challenge to the ride-hailing firms looking for profitability - spend more to bring back drivers to meet the rising demand for rides.
A coalition of app-based companies, including Uber Technologies Inc, Lyft Inc and DoorDash Inc, on Wednesday took the first step to put a measure before Massachusetts voters that would define their drivers as independent contractors entitled to minimum benefits but avoid...
Lyft Inc on Tuesday posted an adjusted quarterly profit three months ahead of target, seizing on a leaner cost structure as rides rebounded, but it warned of ongoing driver shortages and the spread of the Delta coronavirus variant.
Lyft Inc on Tuesday posted an adjusted quarterly profit three months ahead of target, as it kept costs down while rides rebounded.
Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.
Drivers for Uber and Lyft have staged strikes in cities across the United States, urging Congress to grant gig workers the right to band together and push for better wages and working conditions.
Self-driving startup Argo AI, carmaker Ford Motor Co and ride-hail company Lyft Inc on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin.
Lyft Inc on Thursday said it will return the option for passengers to book shared rides in select U.S. markets for the first time since the pandemic, when shared trips were scrapped to halt the spread of the novel coronavirus.
Lyft Inc said on Wednesday the number of drivers on its U.S. ride-hail platform was gradually increasing, resulting in reduced wait times for customers and a modest decrease in surcharge pricing as travel rebounds from pandemic lows.
Lyft Inc said on Tuesday it will launch an electric vehicle rental pilot program for ride-hail drivers in a part of the San Francisco Bay Area in partnership with a local utility.
Uber Technologies Inc and rival Lyft Inc on Monday launched COVID-19 vaccine ride programs in partnership with the White House, offering Americans free rides or discounts for their trips to and from a vaccination site.
California's clean air regulator on Thursday adopted rules to mandate that nearly all trips on Uber's and Lyft's ride-hailing platforms have to be in electric vehicles over the next few years, the first such regulation by a U.S. state.
California's clean air regulator on Thursday adopted rules to mandate that nearly all trips on Uber's and Lyft's ride-hailing platforms in the state have to be in electric vehicles over the next few years.
California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures that the companies call unrealistic without more public subsidies for EVs.
The White House on Tuesday announced a series of steps aimed at boosting U.S. COVID-19 vaccination rates, including a partnership with ride-hailing services Uber and Lyft, as it seeks to achieve President Joe Biden's July 4 reopening deadline.
* WHITE HOUSE TO ANNOUNCE NEW PARTNERSHIP WITH RIDE-SHARING COMPANIES UBER, LYFT TO MAKE ALL RIDES TO AND FROM VACCINATION SITES FREE UNTIL JULY 4 - WSJ Source text: https://on.wsj.com/3w2RkMR Further company coverage:
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