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Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company’s third-quarter …
Lyft picks comfort over sharing in bid to compete with Uber Read More
Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported …
Lyft’s price war with Uber yields mixed results Read More
Uber is suing the New York City Taxi & Limousine Commission (TLC), which last month approved a fare hike for ride-hail apps and taxi drivers amid a post-pandemic driver shortage, …
Uber sues NYC Taxi & Limo Commission to block rate increase for drivers Read More
Lyft has been canceling job interviews this week and is reportedly on a hiring freeze in the U.S., according to anonymous professional network Blind and a report from Bloomberg. The …
Lyft freezes hiring in the US amid economic instability Read More