Lyft Raises $500 Million In Funding

Lyft Raises $500 Million In Funding

$500 million. That’s the amount Lyft picked up in its recent round of funding. This bumps the company into the area of $6.9 billion and $7.5 billion, almost doubling its value ...
Lyft's Glowstache Replaced By Amp As Company Starts New Ad Campaign

Lyft’s Glowstache Replaced By Amp As Company Starts New Ad Campaign

Lyft has dropped its long time icon the Glowstache and will take use a bright LED display called the Amp as its new icon as it moves forward in growth. The Amp is part of Lyft’s ...
General Motors Offered $6 Billion For Lyft

General Motors Offered $6 Billion For Lyft

It’s known that General Motors was interested in picking up Lyft. The price the company wanted for the ride-sharing company was roughly $6 billion. Earlier in the month one of the ...
Lyft Attempted To Put Itself Up For Sale

Lyft Attempted To Put Itself Up For Sale

Lyft is one of Uber’s main competitors, but has taken steps to sell itself off to several big tech companies The New York Times reports. Among those companies are investors GM and ...
Lyft Rolls Out Luxury Service In Limited Areas

Lyft Rolls Out Luxury Service In Limited Areas

Uber Black is about to get some competition with Lyft Premier. The new service is Lyft’s entry into the luxury end of the ride-hailing arena which has been highly demanded by riders. ...
Lyft and GM's Express Drive Service Expands To Three Major East Coast Cities

Lyft and GM’s Express Drive Service Expands To Three Major East Coast Cities

General Motors and Lyft’s vehicle rental service Express Drive will be expanded to three more major cities on the east coast reports Recode. Baltimore, Boston, and Washington D.C ...
Lyft's California Legal Woes Continue While Uber Is Called To Pay Out Settlement

Lyft’s California Legal Woes Continue While Uber Is Called To Pay Out Settlement

California has proven to be perilous legal territory for both ride sharing companies Uber and Lyft. Uber owes $10 million in a settlement centered on the lax nature of the company’s ...
Lyft Gets The Go Ahead To Operate At LAX

Lyft Gets The Go Ahead To Operate At LAX

Wednesday will see Lyft plant its flag as the first ride-sharing service to get the OK to drive riders to and from the Los Angeles International Airport. Los Angeles mayor Eric Garcetti ...
Uber and Lyft Settle In California "Airport Fees" Class Action Lawsuit

Uber and Lyft Settle In California “Airport Fees” Class Action Lawsuit

Photo Credit: L.A. Times Ride-sharing companies Uber and Lyft are paying out a fairly large amount on “airport fee tolls” that were collected in 2013 and 2014. Uber will pay out ...