Lyft

The disappointing results of ride-hailing companies are offering a glimpse into discretionary consumer spending at a time when the economy is already flashing warning signs

Lyft’s forecast follows a similarly moderated forecast from Uber, which reported results last week

LYFT said on Thursday (Feb 6) that it has tied up with Amazon and Alphabet-backed startup Anthropic to roll out artificial intelligence (AI) tools for the ride-hailing platform’s customer care operati...

A US federal judge on Thursday dismissed a lawsuit accusing Lyft of defrauding shareholders by waiting too long to correct a mistake in an earnings release that caused the ride-sharing company’s stock...

LYFT on Wednesday (Nov 6) forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for its ride-hailing services from people returning to ...

The electric-vehicle manufacturer lacks evidence of progress towards automated-driving features, or quantify how many robotaxis it plans to make

LYFT plans to sell some of its bike and scooter business and eliminate 1 per cent of its employees as the ride-hailing company struggles to turn profitable.

The companies will also pay a combined US$175 million to the state to settle allegations they violated Massachusetts wage and hour laws

LYFT reported first-quarter results and financial guidance that beat investors’ expectations, a sign of the company’s ability to retain and attract new riders in the US and Canada.