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Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds

Lyft was able to take advantage of severe internal cost-cutting measures combined with a post-COVID boom in travel to help it deliver its highest...

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Lyft assured no layoffs were coming. Now employees are scrambling for their next gig.

The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what...

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Leaked Uber Files reveal history of lawbreaking, lobbying and exploiting violence against drivers

Thousands of leaked confidential files reveal a treasure trove of sketchy and unlawful behavior from Uber. The Uber Files, which were originally...

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Revel founder Frank Reig a year later on driving EV adoption in big cities

"We literally have millions of vehicles that need to transition to electric, and there’s really no charging in sight, which is where our...

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Uber and Lyft drivers say fuel surcharge is ‘an insult to drivers’

A survey by The Rideshare Guy found 43% of Uber and Lyft drivers have quit or are driving less due to rising gas prices, despite added surcharge.

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You can find, and pay for, Spin scooters on Lyft’s app now

Shared micromobility company Spin and ride-hailing company Lyft are partnering to bring Spin electric scooters to the Lyft app in 60 U.S. markets by...

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Lyft, Uber add surcharge due to high gas prices

Lyft and Uber are adding temporary fuel surcharges to fares for ride-hail and deliveries as fuel prices around the country rise. The rising prices...

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Studies say Uber and Lyft offload soft costs on drivers and communities

As the average cost of a ride on Uber, Lyft and other “rideshare” services has risen over the years, it’s become clear these...

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Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected

Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as...

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Uber adds vaccine booking, car rental delivery in new product push

Uber is launching more than a half-dozen new features, including one that will let users book vaccine appointments at Walgreens and reserve a ride to...

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Revel launches an all-electric rideshare service with a fleet of 50 Teslas

Revel started out in 2018 with shared, dockless e-mopeds in Brooklyn, which later expanded to Queens, Manhattan, the Bronx and a handful of other...

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Uber entices drivers back post-pandemic with $250 million stimulus

Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber’s...

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Student rideshare service HopSkipDrive raises $25M to expand and invest in electrification

Students around the country are about to return to school after the summer holiday, and they’re doing so at a time when both coronavirus...

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Zūm wins $150M from San Francisco schools to modernize and electrify student transport

The San Francisco Unified School District (SFUSD) has awarded Zūm, a startup that wants to upgrade student transportation, a five-year $150 million...

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Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working

"I think because of the VC money and also the hype in the industry, a lot of people just forget how easy and simple the business should be."

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