PYMNTS-MonitorEdge-May-2024

Lyft

Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 640 cities in the United States and 9 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, and a bicycle-sharing system.

Source: lyft.com

Report From NYC Taxi And Limousine Commission Finds Drivers Need A Raise
Report From NYC Taxi And Limousine Commission Finds Drivers Need A Raise
July 03, 2018  |  Ridesharing

A new study commissioned by the New York City Taxi and Limousine Commission found that drivers for Uber and Lyft should get a raise. According...

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Does Ridesharing Help Minority And Low-Income Consumers?
Does Ridesharing Help Minority And Low-Income Consumers?
July 02, 2018  |  Ridesharing

It’s a common story in urban areas: Cabs do not properly serve low-income and minority areas, leaving residents to the uncertainties of public transit — assuming...

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JetSmarter’s Play To Democratize Private Air Travel
JetSmarter’s Play To Democratize Private Air Travel
June 29, 2018  |  uber of x

With ridesharing platforms, people can hail a ride anytime, anywhere, capitalizing on vehicles and drivers that are already in the system. In the case of...

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Lyft Valuation Tops $15B
Lyft Valuation Tops $15B
June 28, 2018  |  Ridesharing

Lyft announced on Wednesday (June 27) that it raised $600 million in a new funding round, bringing its valuation to $15.1 billion. The round was...

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Lyft Business Enhances Expense Management Support
Lyft Business Enhances Expense Management Support
June 22, 2018  |  B2B Payments

Ride-hailing app Lyft is continuing to target its business travel users through enhancements of expense management support. The company announced on its blog this week...

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Five at Five: Uber Drives Bigger Tips
Five at Five: Uber Drives Bigger Tips
June 21, 2018  |  News

Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes the latest news from the ridesharing...

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Uber Facilitated More Than $600M In Tips For Drivers
Uber Facilitated More Than $600M In Tips For Drivers
June 21, 2018  |  Payment Methods

Uber, the ride-hailing company, has facilitated more than $600 million of payments in the form of tips to its drivers since it launched its in-app tipping service...

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Lyft And Walgreens Added To Chase Freedom Card
Lyft And Walgreens Added To Chase Freedom Card
June 14, 2018  |  Retail

This summer, Chase will be letting Chase Freedom cardholders earn cash back in three new quarterly categories: gas stations, Lyft, and Walgreens. Card members will...

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Scooters Vs. Bikes: Who’s Winning This Week?
Scooters Vs. Bikes: Who’s Winning This Week?
June 13, 2018  |  Startups

It’s not exactly Ali vs. Foreman — or Anakin vs. Obi Wan, if you prefer. Yet, when it comes to the next big thing in...

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