rideshare

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

Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract a

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 they thought was a much bigger problem. Throughout

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 shared with The Guardian and the International Consorti

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 strategy comes into play."

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

Nearly half of Uber and Lyft drivers in the U.S. have quit or are driving less due to high gas prices caused by Russia’s war in Ukraine, despite temporary fuel surcharges added to fares by those

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 the end of the year. The integration, which will en

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 are due to Russia’s invasion of Ukraine, which

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 companies were never entirely forthright about their busi

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 transmission and the effects of climate change are mounting.

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 contract to modernize its transport service through

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."

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 the company, and Wall Street, had expected. Shares of

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 get their jab, as the company homes in on a busine

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 U.S. cities. This year, the company launched a monthly

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 business dropped by 80%. Drivers decided they’d rather

Ethics in the age of autonomous vehicles

Earlier this month, TechCrunch held its inaugural Mobility Sessions event, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things auton

How top VCs view the new future of micromobility

Earlier this month, TechCrunch held its annual Mobility Sessions event, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things autonomo

Dissecting what Lyft’s IPO means for Uber and the future of mobility

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kirsten Korosec and Kate Clark l

Talk Lyft’s stock market debut with TechCrunch writers

After much anticipation, Lyft stock hit the public markets last week, with a nearly 10% pop on its first day of trading. However, concerns over the company’s lofty valuation, deep losses and uncer

Zūm, a ridesharing service for kids, raises $40 million

Ridesharing isn’t just for transporting teenagers and adults anymore. Zūm, a ridesharing startup for kids, just raised a $40 million Series C round led by BMW i Ventures with participation from
Load More