Tag: Lyft

Shutdown creates uncertainty over Uber and Lyft IPO timing

Uber and Lyft are still waiting for feedback from the U.S. securities regulator on their confidential submissions for IPOs, Bloomberg reports tonight, citing people familiar with the matter who aren’t disclosing their identities. Donald Trump’s government shutdown over his demand for a wall on the U.S.-Mexico border has effectively halted all but basic operations at […]

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Free rides, late Metro: How to travel around DC for New Year’s Eve

WASHINGTON — With New Year’s right around the corner, you may have started thinking about your resolutions and how to celebrate the last night of the year. But, thanks to free ride-shares and public transportation staying open later, one thing you won’t have to worry about as you ring in the New Year is getting […]

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Police agencies encourage sober rides New Year’s Eve

WASHINGTON — The cops want you to know they’ll be on the roads targeting drunk drivers this weekend and through New Year’s Eve. Checkpoint Strikeforce is an annual program run by law enforcement agencies that targets drunken drivers on the road during the holiday season. This year’s campaign is called, “Act Like It,” encouraging New Year’s […]

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13 European companies acquired by U.S. tech giants in 2018

As in previous years, a number of big acquisitions went down in the technology realm in 2018, and Europe was a popular destination for U.S. companies looking to bolster their technological arsenal. Here’s a quick look back at some of the transatlantic deals that happened this year. Spektral (Denmark) In October, […]

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Lyft files for an IPO ahead of rival Uber

(Reuters) — Ride-hailing company Lyft on Thursday filed with the U.S. Securities and Exchange Commission for an initial public offering, ending months of speculation about the timing of its much-awaited market debut. The company, which was last valued at about $15 billion, did not specify the number of shares it […]

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Police: Lyft driver sexually assaulted woman in Georgetown

WASHINGTON — D.C. police say they’re looking for the driver of a Lyft ride-hailing vehicle suspected of sexually assaulting a customer during a ride in Georgetown over the weekend. The reported assault happened shortly after midnight Saturday along 33rd Street in Georgetown, according to D.C. police. A D.C. police spokeswoman confirmed to WTOP that the […]

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Lyft acquires Capital Bikeshare operator, unveils design for Lyft Bikes

WASHINGTON — Ride hailing company Lyft, which recently jumped into the dockless electric scooter business in D.C., has completed its planned acquisition of Motivate, the company that operates the city’s long-established public docked bike operator Capital Bikeshare. The deal was first announced in July. Lyft also unveiled a first look at its own Lyft Bikes, […]

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Lyft completes Capital Bikeshare deal, plans its own Lyft bikes

WASHINGTON — Ride hailing company Lyft, which recently jumped into the dockless electric scooter business in D.C., has completed its planned acquisition of Motivate, the company that operates the city’s long-established public docked bike operator Capital Bikeshare. The deal was first announced in July. Lyft also unveiled a first look at its own Lyft Bikes, […]

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For Lyft and TechStyle, AI customer acquisition requires breaking down silos

Gaining and retaining customers requires a multidisciplinary approach to constantly learning about what they do, what they want, and how they get aggravated. That was a key takeaway from a discussion at VentureBeat’s Transform 2018 AI conference among the executives at ridesharing service Lyft, community-driven fashion retailer TechStyle, and the […]

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Ride-share companies offered New York $100M to drop proposed regulations

Lyft, Uber and Via yesterday made an offer to succor New York City’s beleaguered taxi medallion owners: a $100M relief fund paid over five years to cover the plight of these poor souls. But the city, in its arrogance, refused this generosity! How could they? Perhaps because it was because the money was contingent on […]

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Uber and Lyft encourage NYC customers to oppose proposed ride-hail cap legislation

Uber is making calls to some of its customers in New York City, offering to connect them to local council members to express their opposition to the proposed legislation that would cap the number of ride-hailing drivers in the city, Buzzfeed first reported. Meanwhile, Lyft is also reaching out to its NYC-based riders, asking them to […]

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