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

Lyft Goes Black Car
Lyft Goes Black Car
May 26, 2017  |  Ridesharing

Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele. According to Bloomberg Technology, the new...

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Vulog’s Plan To Compete With Uber
Vulog’s Plan To Compete With Uber
May 25, 2017  |  Ridesharing

Drivers for ride-hailing services no longer need to own their own car. Instead, Uber and Lyft drivers can now take advantage of shared cars via...

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Uber And Lyft Returning To Texas?
Uber And Lyft Returning To Texas?
May 22, 2017  |  News

Uber and Lyft, the two ride-hailing firms that left several Texas markets over controversy tied to fingerprint background checks, may be coming back. Reuters reports...

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Uber Competitor To Expand With Possible Juno Acquisition
Uber Competitor To Expand With Possible Juno Acquisition
April 26, 2017  |  Ridesharing

The ridesharing arena is an industry within the sharing economy that’s not likely to go away anytime soon. With Uber’s various troubles over the past...

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New York Seeking Tip Option On Uber App
New York Seeking Tip Option On Uber App
April 18, 2017  |  Ridesharing

Tipping a taxi driver is a common occurrence in New York City. When ridesharing apps came along, some offered an in-app tip option, while others...

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Uber, Lyft Boost Demand For Real Estate In Some Neighborhoods
Uber, Lyft Boost Demand For Real Estate In Some Neighborhoods
April 17, 2017  |  Real Estate

Uber and Lyft, the ride-hailing apps taking cities by storm, is also having another positive impact: driving demand for real estate in certain neighborhoods. According to a...

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Uber Lifts Financial Hood, Billions In Sales And Losses  
Uber Lifts Financial Hood, Billions In Sales And Losses  
April 17, 2017  |  Ridesharing

The ride-hailing giant Uber Technologies has given investors and observers a glimpse under the hood of sorts. Bloomberg News reports that the technology upstart has pointed to...

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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
April 14, 2017  |  Sizzle/Fizzle

How to construct a payments platypus of sorts — you know, a mish-mosh of opposites that may not on the surface dovetail well but still...

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Uber Falling Out Of Favor With American Consumers?
Uber Falling Out Of Favor With American Consumers?
April 13, 2017  |  Security & Fraud

Uber, the leading ride hailing app in the U.S., is facing a backlash among consumers who are increasingly balking at using the service. That’s according...

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