Lyft shares are down 22% year-to-date while peer Uber (UBER) is up 19%, and during this time, the cost cuts and operational overhaul executed by Lyft's management in order to focus on improving ...

Lyft will streamline and integrate the two sides of its micromobility business — PBSC, which sells bikeshare-as-a-service to local operators and cities in 49 markets globally, and the eight Lyft ...

Lyft, China's Baidu to launch robotaxi service in Europe next year U.S. ride-hailing company Lyft said on Monday it will partner with China's Baidu to deploy robotaxis across Europe starting next ...

Lyft’s CEO on Layoffs, Leading With Purpose and the Future of Ride-Sharing 14 minute read David Risher, CEO of Lyft Courtesy of Lyft By Alana Semuels April 28, 2024 7:00 AM EDT ...

Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive ...

Lyft Inc. CEO David Risher's leadership strategy, shaped by his decade working under tech titans Bill Gates and Jeff Bezos, has propelled the ride-sharing company to record performance in 2024.