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
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
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
"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."
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
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 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
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
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.
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
"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 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 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 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
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
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
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
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
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
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