The body of a taxi driver who disappeared in the US state of Georgia has been discovered under a man’s house. Kim Mason, a driver…
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Lyft says May rides jump 26% from prior month
(Reuters) – Ride-hailing firm Lyft Inc (LYFT.O) said on Tuesday that rides on its platform rose 26% in May from the previous month, with strong…
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Lyft asks Americans to ditch their cars for ride-hailing vouchers
(Reuters) – Lyft Inc on Thursday said it was rolling out an offer to users in Los Angeles, San Francisco and Chicago to sell their…
View More Lyft asks Americans to ditch their cars for ride-hailing vouchers
Lyft and Uber Were Duds, but the I.P.O. Market Is Having a Great Year
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Uber and Lyft were the…
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Lyft underwriters hail promising future as Uber looms
(Reuters) – Lyft Inc picked up upbeat ratings from the brokerage arms of its Wall Street underwriters on Tuesday, allowing the ride-hailing company to recover…
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Carl Icahn sold Lyft stake prior to IPO: WSJ
(Reuters) – Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company’s initial public offering, the Wall…
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New bill aims to improve Uber, Lyft safety in wake of college student's killing
South Carolina lawmakers introduced a bill that would require illuminated signs in Ubers and Lyfts in response to the killing of University of South Carolina…
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Lyft gives up debut gains on second day of trading
(Reuters) – Shares of Lyft Inc crashed through the ride-hailing company’s initial public offering price on just their second day of trading, tumbling as much…
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Lyft and Pinterest Won’t Be Giving Shareholders Much Say
The initial public offerings of Lyft and Pinterest will give investors the chance to buy into young, fast-growing companies led by founders with ambitious visions.…
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At IPO road show, Lyft executives look to lower insurance costs
BOSTON (Reuters) – Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at…
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Exclusive: Lyft's IPO already oversubscribed – sources
NEW YORK (Reuters) – Lyft Inc’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that…
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GM considers options for its Lyft stake following IPO
DETROIT (Reuters) – As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose…
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Investor group calls on Lyft to scrap dual-class share structure plan: FT
(Reuters) – A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches…
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Lyft's IPO filing shows surging revenue, widening losses
SAN FRANCISCO (Reuters) – Lyft Inc inched closer to becoming the first ride-hailing company to make a stock market debut by releasing its filing for…
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