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Page 2 - Lyft

Lyft's IPO filing reveals nearly $1 billion in net losses in 2018

In 2018, the company's revenue totalled $2.2 billion, while it lost $911.3 million

Lyft's IPO filing reveals nearly $1 billion in net losses in 2018
Updated On : 02 Mar 2019 | 9:23 PM IST

Lyft IPO to define the fate of internet taxi companies, investors' money

Lyft hasn't disclosed the number of shares, or their value, it will sell.

Lyft IPO to define the fate of internet taxi companies, investors' money
Updated On : 08 Dec 2018 | 1:15 PM IST

Lyft, Magna International team up for self-driving car system

The companies said they will work together to introduce autonomous vehicles to Lyft's ride-hailing network

Lyft, Magna International team up for self-driving car system
Updated On : 15 Mar 2018 | 8:46 PM IST

Lyft raises additional $500 mn in funding

Fresh funding expected to raise the Uber rival's valuation to $11.5 billion

Lyft raises additional $500 mn in funding
Updated On : 24 Nov 2017 | 3:20 AM IST

Ride-hailing firm Lyft wins permit to test self-driving cars in California

Lyft already has partnerships in place with autonomous car companies to advance its self-driving strategy

Ride-hailing firm Lyft wins permit to test self-driving cars in California
Updated On : 23 Nov 2017 | 1:45 AM IST

Lyft set to claim third of US market in 2017

This year, Lyft is on pace for $1.5 billion in net revenue

Lyft set to claim third of US market in 2017
Updated On : 13 Nov 2017 | 2:35 AM IST

Lyft is said to explore IPO as it raises $1 bn

Alphabet's investment ratchets up the high-stakes battle for supremacy in the ride-hailing industry

Lyft is said to explore IPO as it raises $1 bn
Updated On : 21 Oct 2017 | 1:53 AM IST
Updated On : 28 Sep 2017 | 8:44 PM IST

Lyft valued at $7.5 billion

Lyft said it has closed a $600-million round of financing

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Updated On : 13 Apr 2017 | 3:06 AM IST

Uber rival Lyft acquires Pune-based FinitePaths to tap Indian talent

US-based ride hailing service Lyft has acquired Pune-based startup FinitePaths for an undisclosed sum as it follows its larger rival Uber in tapping India's large talent base to solve its global technology problems.Vinay Kakade and Balaji Raghavan, co-founders of FinitePaths, will join the Lyft team and will shut down their startup's sole product offering which is available on Google and Apple's app stores. The announcement comes at a time when India is emerging as a talent hub for ride-hailing companies."We are very excited to have Balaji and Vinay join our team. They have extensive experience building large scale infrastructure and services. We see this experience as playing a critical role in helping us tackle some of the unique challenges we have at Lyft," said Luc Vincent, VP of Engineering at Lyft, in a statement.The details of the deal were not disclosed, while the founders did not mention if the rest of the small team at FinitePaths would be transitioning to work with Lyft as .

Uber rival Lyft acquires Pune-based FinitePaths to tap Indian talent
Updated On : 23 Mar 2017 | 11:05 AM IST