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

GM Joins Ride-Hailing Market With Sidecar Buy
GM Joins Ride-Hailing Market With Sidecar Buy
January 20, 2016  |  Mobile Commerce

General Motors (GM) is gearing up to lock horns with Uber with its latest acquisition of Sidecar, a ride-hailing and delivery service provider. The acquisition...

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Lyft Works To Connect Smartphoneless Seniors To The Digital Age
Lyft Works To Connect Smartphoneless Seniors To The Digital Age
January 13, 2016  |  Mobile Commerce

Ridesharing is one of those modern miracles apt to leave a population that could really be well-served by it — senior citizens past their driving years,...

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China’s Ride-Hailing King Has eCommerce Ambitions
China’s Ride-Hailing King Has eCommerce Ambitions
January 07, 2016  |  Merchant Innovation

Chinese ride-hailing app company Didi Kuaidi is expanding its test drive service to unlock a whole new market of automobile eCommerce to its user base, the company...

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Lyft Snags Big Funding, Partners With GM On Self-Driving Cars
Lyft Snags Big Funding, Partners With GM On Self-Driving Cars
January 04, 2016  |  News

Lyft — Uber’s best known rival in the U.S. and global market — has gotten 2016 started off with a bang. The ridesharing firm announced...

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Uber’s First Casualty: On-Demand Delivery Sidecar Shutting Down
Uber’s First Casualty: On-Demand Delivery Sidecar Shutting Down
December 30, 2015  |  Mobile Commerce

Sidecar will ride no more. The on-demand car service that looked to challenge rivals in the same space — most notably Uber, as well as Lyft...

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Saudi Prince Leads Lyft’s $247M Round
Saudi Prince Leads Lyft’s $247M Round
December 28, 2015  |  Mobile Commerce

The ride-hailing investment space is heating up and from some more interesting players in recent months. The latest to throw his name in the space...

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Lyft Closing The Gap On Uber
Lyft Closing The Gap On Uber
November 19, 2015  |  Merchant Innovation

The ride-hailing pioneer is reportedly looking to raise new capital. Four anonymous people close to the matter told The New York Times that Lyft is...

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