Lyft | Latest News & Updates - Oct 18, 2024 Release

Lyft has introduced more earnings for traffic, delays, and going out of your way...


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Lyft

🌎 lyft.com

Lyft is a rideshare company founded in 2012 by Logan Green and John Zimmer. It is available to approximately 95 percent of the United States population as well as select cities in Canada. Lyft is committed to effecting positive change for cities by offsetting carbon emissions from all rides and promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.


Lyft - Latest News and Updates

  • Lyft has introduced more earnings for traffic, delays, and going out of your way.
  • Lyft's stock price increased from $12.57 to $13.62, and they announced their third quarter 2024 earnings call scheduled for November 6, 2024.
  • Lyft now allows drivers to opt in for rides within their battery range and provides an app feature to find and report charging stations.
  • Last month, Lyft launched 4 solar-powered e-bike charging stations in Washington, D.C., in collaboration with Skyhook Solar, supported by a $375,000 grant from the Department of Energy and Environment.
  • John A. Parks has left Lyft as Director, Growth Planning and Operations in the San Francisco Bay Area to become the CEO at flexdrive.
  • Lyft is partnering with Serena Page and Kordell Beckham to offer discounted rides to the polls on November 5 to encourage voting.
  • On October 17, 2024, Lyft partnered with Cash App to offer a seamless payment option for riders, becoming the first rideshare partner for Cash App Pay.
  • The New York City Comptroller has requested data from the Taxi and Limousine Commission on Lyft's driver lockouts, which may be used to inflate utilization rates ahead of the 2024 review.
  • Lyft's SCC leadership visited the CDMX office to discuss future plans and customer service strategies.
  • A study using Lyft's open dataset reveals significant behavioral differences between Lyft and Waymo automated vehicles at unsignalized intersections, emphasizing the need to consider manufacturer-specific behaviors in traffic management.

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