Lyft has revealed its financial details for the first time as it prepares for an initial public offering. Like rival Uber, it first filed the paperwork confidentially in December, and now its S-1 is public through the Securities and Exchange Commission. Lyft lost $ 911 million in 2018, but doubled revenue to $ 2.1 billion […]
Tag: Lyft
NYC Now Knows More Than Ever About Your Uber and Lyft Trips
The city has an unusual amount of insight into what ride-hail companies do on its streets, and it uses the info to plan for the future. https://media.wired.com/photos/5c50e71108861023816ce370/master/pass/NYCTaxi-Transpo-1013891962.jpg
Lyft Expands Citi Bike in NYC, and Uber Is None too Happy
Now the owner of the continent’s largest bike-share company, Lyft’s moving further into NYC’s outer boroughs, in a move that Uber and Lime consider a snub. https://media.wired.com/photos/5c004500eaad6e0a4a56bd5a/master/pass/Citibikes-NYC-916126092.jpg
Targeted Amex Offer: $15 Lyft Credit After Spending $75+
Targeted Amex Offer: $ 15 Lyft Credit After Spending $ 75+ Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]
Lyft marks its 1 billionth ride as it expands beyond cars
Lyft may be an underdog relative to Uber, but it’s still huge in the transportation world. The ridesharing firm has officially provided 1 billion rides, including 233 million shared rides. That pales in comparison to Uber’s 10 billion trips. However, Uber also got a three-year head start (2009 versus 2012) and has focused on international […]
Lyft to Provide Free and Discounted Rides on Election Day
Lyft to Provide Free and Discounted Rides on Election Day Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]
Lyft enables sloth with seat-specific stadium drop-offs
It’s Lyft’s turn to help you get to an event on time, and with a minimum of legwork at that. The ridesharing firm has forged a deal with SeatGeek to help you book rides to (and from) live events in both companies’ apps. You can not only book a Lyft ride through SeatGeek’s app, but […]
Same Old Song: Study Claims Uber and Lyft Increasing Congestion Problem in Seattle
A new study from Schaller Consulting is claiming that ride-hailing services, like Uber and Lyft, contributed to 94 million additional miles being driven on Seattle-area roads in 2017. We’ve heard similar claims in the past. Data-backed allegations typically revolve around the notion that app-based services don’t encourage motorists to carpool so much as they pull pedestrians […]
Insecure Season 3 Premiere Recap: Sentenced to Lyft — Plus, Grade It!
If ever anyone needed to do what Insecure’s Molly would call some “blooping, blipping and blapping,” it was her bestie, Issa. In the HBO dramedy’s Season 3 premiere, she was still crashing on Daniel’s couch (and doing her damnedest not to hear the noisy sex he was having a room away) and working as a […]
Getting Home From JFK Is Terrible, and Lyft Just Confirmed It
Getting Home From JFK Is Terrible, and Lyft Just Confirmed It Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]