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 Is Worth A Look In Corporate Travel
Lyft Is Worth A Look In Corporate Travel
April 21, 2016  |  B2B Payments

Travel and expense management firm Certify uncovered an industry first last year when it found, for the first time, ride-hailing apps like Uber surpassed traditional...

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Ride-sharing Kills LA’s Taxi Industry
Ride-sharing Kills LA’s Taxi Industry
April 18, 2016  |  Mobile Commerce

It is not a good time to be working in traditional taxis in L.A., as the last three years have seen taxi usage plummet 30...

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T&E Firm Integrates With Uber — And Its Rival
T&E Firm Integrates With Uber — And Its Rival
March 21, 2016  |  B2B Payments

Uber has secured another deal to ease the expense management process for its corporate users — but so has rival Lyft. In an announcement on Friday...

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Uber, Lyft Capitalize On D.C.’s Metro Nightmare
Uber, Lyft Capitalize On D.C.’s Metro Nightmare
March 16, 2016  |  Merchant Innovation

Car-less residents of Washington, D.C., recently received some awful news: The Metro would be shut down all day Wednesday (March 16) for emergency safety checks...

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Lyft Calls Out Uber On Its ‘Witch Hunt’
Lyft Calls Out Uber On Its ‘Witch Hunt’
February 22, 2016  |  Security & Fraud

Lyft is alleging that Uber is prying into its confidential information by cloaking its data requests behind the investigation of Uber’s data breach that affected...

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Andreessen Horowitz Sells Lyft Shares To Saudi Arabia’s Prince
Andreessen Horowitz Sells Lyft Shares To Saudi Arabia’s Prince
February 12, 2016  |  Investments

Lyft investors Andreessen Horowitz and Peter Thiel’s Founders Fund discreetly sold off part of their stakes to Saudi Arabia’s Prince al-Waleed bin Talal and his Kingdom Holding Co. for $148...

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Uber, Lyft’s Next Victim: San Francisco’s Largest Cab Co.
Uber, Lyft’s Next Victim: San Francisco’s Largest Cab Co.
January 26, 2016  |  Regulation

Whether it’s a case of unintended consequences, or just a sign of the changing times, the Uber and Lyft on-demand ride-hailing revolution has claimed one...

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