Autonomous vehicles will be a transformational addition to the ride-hailing marketplace, according to Lyft CEO David Risher.

Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...

Operator Good afternoon, and welcome to the Lyft fourth quarter and full year 2024 earnings call. [Operator instructions] As ...

Lyft reported the results as it starts to produce positive free cash flow and as it tries to improve profitability. Rides, active riders and service speeds improved during the quarter.

Lyft Media is projected to grow, targeting an annualized revenue run rate of $100 million by the end of 2025. Gross bookings for Q4 2024 were $4.28 billion, reflecting 15% year-over-year growth.

Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer ...

Lyft has announced plans to launch a robotaxi service in Dallas "as soon as 2026." The ride-hailing company will use Intel’s ...

Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.

In an apparent attempt to keep pace with its rival Uber, ride-hailing service Lyft plans to launch a fleet of robotaxis in ...

Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying. Last week, ...

Ride-hailing platform Lyft (LYFT) has partnered with Mobileye (MBLY), an autonomous driving technology provider, to launch ...

Ride-hailing company Lyft says it's set to launch robotaxis powered by Mobileye tech as soon as 2026, starting in Dallas, Texas. The service will subsequently arrive in more cities with thousands of ...