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This could lift Lyft's free cash flow even higher. And in fact, management is targeting free cash flow of $900 million in 2027, which is 40% higher than its trailing-12-month free cash flow as of Q3.
Lyft CEO David Risher has embarked on an aggressive plan to make the ride-hailing service profitable and take market share from Uber since taking over in mid-2023. Lyft shares, while up 74% in the ...
To help reduce holiday travel stress, the ride-booking service Lyft announced an "on-time pickup promise" for qualifying airport rides through Jan. 7, 2024. If you arrange your ride in advance, you...
The Boston study notes that, at least at the time that the study was conducted, Lyft drivers were able to see all information in a rider's profile (including their uploaded photo and name) when reviewing a ride request; on the other hand, Uber drivers were only able to see a rider's name (and not their picture) after accepting a ride request ...
Lyft — Free or discounted rides to the grocery store for lower-income seniors through Lyft Up program Dig deeper: 5 top alternatives to cable TV for 2025: How to cut the cord — and your ...
Lyft's distinctive pink mustache was the first branding the company used until 2015 when it switched to a smaller, glowing magenta mustache that sits on a driver's dashboard. Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, bicycle-sharing systems, and rental cars in the United States and select cities in ...
Lyft stock is down by about 35% today after the company's Q4 earnings disappointed investors.
Ride-sharing service Lyft Inc will give its most loyal members free restaurant delivery from Grubhub Inc beginning Tuesday, a partnership that could hit their shared rival Uber Technologies Inc.