Lyft competes with Uber for ride-hailing customers. Now it is following its rival into bike-sharing, as the companies move to diversify the kinds of transportation services they offer. Lyft said ...

In the summer of 2023, Lyft was contemplating the sale of its micromobility business after receiving strong interest from prospective buyers. Today, the ride-hail company is doubling down on its ...

Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission ...

Lyft is making changes to their e-bikes and scooters program Some employees are being let go in the company's "restructuring" SAN FRANCISCO - The public should expect a change in Lyft's bikes and ...

Getting your Trinity Audio player ready... Six years after the first electric scooter companies blitzed the Denver market, the future of shared scooting in Denver could shift dramatically. Lyft, one ...

As Lyft was bidding to take over Los Angeles’ public bike rental program, a subcontractor for the company was also writing the county’s request for proposals — an alleged conflict of interest that ...

A New York Times article Thursday highlighted a lucrative side hustle that is emblematic of the times we live in: gaming algorithms to earn money. In this case, folks figured out they could maximize ...

New York City wants stricter rules for who can ride Citi Bike’s electric bicycles. The goal? Stop underage riders from using them. On Tuesday, First Deputy Mayor Randy Mastro sent a letter to Lyft CEO ...

A Brooklyn lawmaker is demanding that Lyft install an age verification program to prevent riders under the age of 16 from renting a Citi Bike or even setting up an account. “We should be using these ...

Lyft Inc. plans to write down some of its bike and scooter rental assets, and cut 1% of its employees as the ride-hailing company struggles to turn profitable. The plan is part of “efforts to align ...