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

Record Number Of NYC Taxi Medallions Up For Auction
Record Number Of NYC Taxi Medallions Up For Auction
June 11, 2018  |  Ridesharing

Call it the Uber effect: A record 139 New York City taxi medallions will be up for sale in bankruptcy auction this month as cab...

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For True Story On The Gig Economy, Details, Along With Data, Matter
For True Story On The Gig Economy, Details, Along With Data, Matter
June 08, 2018  |  Gig Economy

Dueling headlines show that when it comes to the gig economy, differing data tell different stories. Citing findings from the Bureau of Labor Statistics (BLS),...

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How Will Insurance Work In The Sharing Economy?
How Will Insurance Work In The Sharing Economy?
June 08, 2018  |  Gig Economy

You never know when those Airbnb guests — didn’t they look so innocent on Facebook? — will leave behind a broken TV, whiskey bottles and...

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Lyft Plans to Buy a Bike-Sharing Company
Lyft Plans to Buy a Bike-Sharing Company
June 04, 2018  |  Ridesharing

Lyft will buy the bike-sharing company Motivate, according to report in The Information. The potential deal follows a similar move by Uber in April. Motivate...

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Subpoenas Start To Fly In Wake Of Gig Economy Ruling
Subpoenas Start To Fly In Wake Of Gig Economy Ruling
May 31, 2018  |  Gig Economy

And here come the subpoenas …. This week, Uber and Lyft were told by San Francisco City Attorney Dennis Herrera to “turn over records on whether they...

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Lyft To Spend $100M To Better Support Drivers
Lyft To Spend $100M To Better Support Drivers
May 23, 2018  |  Ridesharing

Lyft, the ride-hailing company taking on Uber, announced news on Wednesday (May 23) that it is investing $100 million to provide more support for its...

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AllWork: Flexibility Is The New Full-Time
AllWork: Flexibility Is The New Full-Time
May 21, 2018  |  Retail

The gig economy may seem like it’s still among the latest financial trends, but in fact, it’s already starting to evolve into its next form:...

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The Gig Economy’s $1.2T Digital Payments Potential
The Gig Economy’s $1.2T Digital Payments Potential
May 21, 2018  |  Payments Innovation

A smart entrepreneur dropped out of college, identified an unmet market need and created an entirely new market segment. He did it by establishing a...

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Lyft Sizzles, Auto Loans Fizzle And The Grocery Wars Heat Up For Summer
Lyft Sizzles, Auto Loans Fizzle And The Grocery Wars Heat Up For Summer
May 18, 2018  |  Sizzle/Fizzle

Sizzle Of The Week: The Race for Grocery Gold Much of commerce activity is ruled by tastes, trends and the occasional fad; what we buy...

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