Lyft

Uber, Lyft to give free rides to COVID-19 vaccine sites in deal with White House

Uber and Lyft will provide free rides to any user traveling to get the COVID-19 vaccine through an agreement reached with the White House. The free rides will last through July 4, the date when Presid

Hustle Fund wants to help spawn a new generation of angel investors

Kara Penn is the mother of four daughters and owner of Mission Spark, a management and strategy consulting company. And now, thanks to Hustle Fund, she is also an angel investor. Hustle Fund is coming

JOCO allowed to continue e-bike operations as NYC lawsuit plays out

The City of New York’s lawsuit against JOCO, the docked electric bike-share service, hit a snag with the court Thursday, when it was denied temporary restraining order to end the company’

Uber’s mixed Q1 earnings portray an evolving business

Surprised by the revenue miss? Shocked by the profit beat? Startled by the sharp drop in the value of Uber's stock? Let's unpack the numbers.

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

The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers.

Equity Monday: TechCrunch goes Yahoo while welding robots raise $56M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri

The gig is up on 21st-century exploitation

Today’s app-based or “gig” economy is frequently dressed up in talk about “modern innovation” and the “21st century of work.” This facade is a wolf in sheep’s clothing.

Lyft sells self-driving unit to Toyota’s Woven Planet for $550M

Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings subsidiary for $550 million, the latest in a string of acquisitions spurred by the cost and l

5 questions about Grab’s epic SPAC investor deck

Grab is going public via a SPAC, so let's talk through key points from the investor deck — we'll discuss growth, segment profitability, aggregate costs and COVID-19.

Ride-hailing’s profitability promise is in its final countdown

Last month was Uber's best in history in terms of gross sales on its platform. That's good, but not as good as you might think.

Formation raises $4M led by Andreessen Horowitz to train truly ‘exceptional’ software engineers

Sophie Zhou Novati worked as a senior engineer at Facebook and then Nextdoor, where she struggled to hire great engineers for her team. Frustrated, she decided to try training engineers to meet her te

Hyundai IONIQ 5 will be Motional and Lyft’s first robotaxi

Motional will integrate its driverless technology into Hyundai’s new all-electric SUV to create the company’s first robotaxi. At the start of 2023, customers in certain markets will be abl

Investors Clara Brenner, Quin Garcia and Rachel Holt are coming to TC Sessions: Mobility 2021

The transportation industry is abuzz with upstarts, legacy automakers, suppliers and tech companies working on automated vehicle technology, digital platforms, electrification and robotics. Then there

Lightspeed’s COO David Baga leaving to join pay advance startup Even as CEO

David Baga is going to be getting a new paycheck, which is fitting, all things considered. Even, an “on-demand pay” startup that ‘evens’ out paychecks for workers to give them financial stabil

TikTok parent ByteDance joins patent troll protection group LOT Network

LOT Network, the nonprofit that helps businesses of all sizes and across industries defend themselves against patent trolls by creating a shared pool of patents to immunize themselves against them, to

Will ride-hailing profits ever come?

Let's unpack their latest numbers to see if what these companies are dangling in front of investors is worth desiring.

CA Supreme Court denies lawsuit challenging Prop 22’s constitutionality

The California Supreme Court today shot down the lawsuit filed by a group of rideshare drivers in California and the Service Employees International Union that alleged Proposition 22 violates the stat

Human Capital: The biggest labor stories of 2020

Hellllooooo, 2021! Welcome back to Human Capital, a weekly newsletter that details the latest in the realms of labor, diversity and inclusion. Not a ton happened this week so I figured I’d use the t

Motional and Lyft target 2023 to deploy driverless robotaxi services in major US cities

Motional, the Aptiv-Hyundai $4 billion joint venture aimed at commercializing autonomous vehicles, plans to launch fully driverless robotaxi services in major U.S. cities in 2023 using the Lyft ride-h
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