Latest News on Lyft Inc
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Lyft Inc - Total results - 13
Sep 12, 2019
California Senate passes a bill to tighten rules for gig economy companies like UberThe bill makes it difficult to classify workers as independent contractors rather than employees.
Aug 09, 2019
Uber loses $5 bn, misses Wall Street targets despite easing price war; company's costs up 147% to $8.65 bnUber stock had risen more than 8% and Lyft had gained 3% during the day. Following Uber’s report, its shares fell 6% and Lyft dropped nearly 2%.
May 10, 2019
Uber prices IPO conservatively at $82.4 bn, hopes it will spare ride-hailing firm trading woes of rival LyftThe IPO still represents a watershed moment for Uber, which has grown into the world’s largest ride-hailing company since its start 10 years ago.
May 01, 2019
Uber CEO Dara Khosrowshahi, management team take IPO roadshow to New York as demand builds upUber is set to price its $10 billion IPO on 9 May, seeking a valuation of up to $90 billion
Apr 10, 2019
Uber Technologies plans to sell around $10 billion worth of stock in IPOMost of the shares sold would be issued by Uber Technologies Inc, while a smaller portion would be owned by investors cashing out
Mar 25, 2019
Uber set to offer over $3 billion to acquire Dubai-based rival Careem Networks amid US firm's plans for maiden offerUber will pay $1.4 billion in cash and $1.7 billion in convertible notes, which will be convertible into Uber shares at a price equal to $55 per share.
Mar 23, 2019
Pinterest files IPO with regulators to tap into the market for new stock offeringsPinterest plans to list under the symbol “PINS” on the NYSE, set a placeholder amount of $100 million.
Dec 06, 2018
Ride-hailing firm Lyft Inc files for IPO with U.S. Securities and Exchange CommissionLyft Inc was last valued at about $15 billion, did not specify the number of shares it was selling or the price range for the offering in a confidential filing with the SEC.
Jun 01, 2018
Uber CEO Dara Khosrowshahi wants to use some of Waymo's self-driving car tech for his companyKhosrowshahi said that Uber’s relationship with Waymo was “getting better” since Uber has agreed to pay Waymo $245 million.
Mar 06, 2018
Major US automakers urge Senate to take up stalled bill aimed at speeding up deployment and testing of self-driving carsThe Senate bill would allow automakers to each sell up to 80,000 self-driving vehicles annually within three years.