Page 2 - Lyft
Massachusetts sues Uber and Lyft over the status of drivers
The suit, made public on Tuesday, makes Massachusetts the second state after California to challenge how Uber and Lyft classify drivers and could deal another blow to their business model.
 "Massachusetts sues Uber and Lyft over the status of drivers")
10 well-known companies that laid off staff due to coronavirus
Here is the list of major companies that have said they are downsizing their workforce
 "10 well-known companies that laid off staff due to coronavirus")
The results are in for the sharing economy. They are ugly
Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That's a problem when much of the world is staying home
 "The results are in for the sharing economy. They are ugly")
Rivals Uber and Lyft are driving down different roads in search of profit
Uber and Lyft, both based in San Francisco, are ride hailing's odd couple
 "Rivals Uber and Lyft are driving down different roads in search of profit")
Uber puts brakes on growth at any cost strategy and investors will be happy
The company is trying to stop growing where it doesn't make sense
 "Uber puts brakes on growth at any cost strategy and investors will be happy")
Uber's revenue improves but user growth, food delivery orders disappoints
San Francisco-based Uber is seeking to assure investors it can evolve from a ride-hailing service to a global all-in-one transportation platform.
Wall Street pokes at start-up bubble as IPO dreams fizzle out
Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers all expected enormous stock sales to turn companies like Uber, Lyft into a new generation of corporate giants
 "Wall Street pokes at start-up bubble as IPO dreams fizzle out")
Older people need rides, but what's stopping them from using Uber and Lyft?
More than half of adults over 65 own smartphones, the Pew Research Center has reported. Yet among adults 50 and older, only about a quarter used ride-hailing services in 2018
 "Older people need rides, but what's stopping them from using Uber and Lyft?")
Lyft's fast-slumping stock quickly leads to lawsuits from investors
The standard claim is that the company's officers and underwriters overhyped its prospects, leading to investor losses
 "Lyft's fast-slumping stock quickly leads to lawsuits from investors")
Lyft's trading debut ranked sixth among the top 10 US tech, internet IPOs
Lyft sold 32.5 million shares for $72 apiece after initially marketing 30.8 million shares at $62 to $68 each
Lyft aims to raise $2 billion in IPO, offers 30.8 million shares
The San Francisco-based company's offering will be the biggest from a tech upstart since Snap Inc
Lyft's IPO filing reveals nearly $1 billion in net losses in 2018
In 2018, the company's revenue totalled $2.2 billion, while it lost $911.3 million
Lyft IPO to define the fate of internet taxi companies, investors' money
Lyft hasn't disclosed the number of shares, or their value, it will sell.
 "Lyft IPO to define the fate of internet taxi companies, investors' money")
Lyft, Magna International team up for self-driving car system
The companies said they will work together to introduce autonomous vehicles to Lyft's ride-hailing network
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Lyft raises additional $500 mn in funding
Fresh funding expected to raise the Uber rival's valuation to $11.5 billion
Ride-hailing firm Lyft wins permit to test self-driving cars in California
Lyft already has partnerships in place with autonomous car companies to advance its self-driving strategy
Lyft set to claim third of US market in 2017
This year, Lyft is on pace for $1.5 billion in net revenue
Lyft is said to explore IPO as it raises $1 bn
Alphabet's investment ratchets up the high-stakes battle for supremacy in the ride-hailing industry
Lyft's IPO offer plan firms up, company close to hiring advisor: Sources
Offer could come as early as next year
Lyft valued at $7.5 billion
Lyft said it has closed a $600-million round of financing
