Tag archive for ‘Lyft’
News Brief On Tuesday, March 13th, 2018

Lyft Growing Faster Than Uber

Lyft passed $1 billion in revenue in 2017 — and it’s growing faster than Uber. Uber, of course, is still much larger than Lyft — it generated a reported $7.5 billion in revenue last year and operates More...

Jewish Business News On Wednesday, April 12th, 2017

KKR Invests in Lyft

  Global investment firm KKR, today announced the closing of a primary investment in Lyft, a ridesharing platform in the U.S. KKR is making the investment through its Next Generation Technology Fund, a fund More...

Carl Kaminsky On Monday, January 2nd, 2017

Uber Responds to Al Franken’s Concerns

  Uber and Lyft have responded to Senator Al Franken’s concerns about racism but not consumer privacy. Last month Senator Franken sent the companies an open letter on the matter. In the letter to Uber More...

Ilan Shavit On Thursday, June 30th, 2016

Lyft Launches Ghost Mode With Sony Pictures to Celebrate ‘Ghostbusters’ Release

To celebrate the release of the upcoming Ghostbusters film, Sony Pictures has partnered with Lyft to launch Ghost Mode, which will give passengers free ride in original Ecto-1’s from the new film and replicas. More...

Niva Goldberg On Tuesday, May 31st, 2016

You Can Now Book a Lyft Ride Up to 24 Hours in Advance

Ridesharing app Lyft has announced that it is testing a new feature in San Francisco before rolling it out to other cities to allow riders to schedule a ride 24 hours in advance. or when exactly the feature More...

Shai Genish On Wednesday, May 25th, 2016

Toyota Has Made a Strategic Investment in Uber

Toyota Motor said on Tuesday it has made a strategic investment in the company. The company would not disclose the amount. As part of its investment, Toyota and Uber will create new leasing options in which More...

Ilan Shavit On Saturday, February 20th, 2016

Drivers Will Own Stake in Juno New Israel Uber Beater

  Israeli startup Juno is taking the fight fight to Uber. Juno intends to give its drivers some equity in the company, and will take only a 10 percent cut of every ride compared to Uber’s 20-25 percent. But More...

Abigail Klein Leichman On Thursday, February 18th, 2016

American Commuters Get a Shared Ride, Courtesy of Israel

  The days of hailing a cab and fumbling for change are fast screeching to a halt. Today’s commuters schedule and pay for cabs and ride-shares from their mobile devices using services such as developed-in-Israel More...

Jewish Business News On Monday, January 4th, 2016

Uber Rival Lyft Gets Lift After GM Invests $500 Million, Plans System of Self-Driving Cars

Uber Rival Lyft has closed $1 billion with a $500 million investment from General Motors. GM will also have a seat on Lyft’s board. Kingdom Holding Company invested $100 million making the total investment More...

Niva Goldberg On Sunday, December 27th, 2015

Saudi’s Prince Bin Talal Among Group Investing $247.7 Million in Lyft

    Saudi Arabia’s Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, said on Thursday it had led a group of investors that bought 5.3 percent of U.S. ride-hailing More...

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