US group makes first major acquisition across the Atlantic as it continues competition against industry giant Uber
US borrowers raised $7bn this month by selling convertible debt
you know your guidance (your guidance keeps lyfting me) keep on lyfting (guidance keeps lyfting me) higher (lyfting me) higher and higher (higher)
Careful observers might have clocked that the erroneous ‘500 basis points’ of margin improvement was preposterous
Pointless back-engineering of a costly fat finger
Ride-hailing company’s stock surges more than 60% before correction to margin growth outlook for 2024
Securities and Exchange Commission faults ride-hailing app for failing to disclose role of director in deal
Increase in riders comes at expense of revenue and profit for ride-hailing platform
Tech group’s poor performance and high costs make it a potential acquisition target
Former Amazon executive David Risher will take over as the company tries to make up ground lost to rival Uber
Being a more localised and focused company should be an advantage but in practice, size matters
Lyft acknowledges profits will fall as it tries to catch up in increasingly lopsided battle
Competition is throwing up roadblocks to smaller group’s post-pandemic recovery
Stripe and Lyft become latest to announce lay-offs as Amazon keeps lid on headcount
‘Test’ would determine if workers are employees or independent contractors
The company is sponsoring a climate tax on high earners to fund new vehicles and bail out its drivers
A reality check for Lyft’s over-ambitious, ever-decreasing, ETA-free plans for robot taxis
US set to target Hikvision, Airbnb’s sunny outlook, Lego builds online business
San Francisco-based companies that have been hit by Covid curbs on movement post contrasting results
A new service hopes to offer something new to drivers and riders. But it shouldn’t expect an easy ride
Twitter’s modest ad hit, Vodafone rejects Iliad bid, Samsung’s massive tablet
Ride-hailing and delivery app workers turn down customers far away or quit after fuel costs soar
There could be better days ahead for investors, but the wider sector still faces some challenges
Labour cost inflation and employment pressures will test business models of apps
Companies to contest ruling that California’s Proposition 22 on contractors is ‘unconstitutional’
