Uber targets $100B valuation for IPO as Lyft shares slide

Apr 10, 2019
The company has actually lowered its expectations.
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Lyft IPO makes it the ridesharing star, at least for today

Mar 29, 2019
As the company hits the public markets, what does that mean for the future of how we get around?
An iPhone with the Lyft ride-sharing app on it shows cars in the area on Park Avenue in New York City March 26.
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Lyft files paperwork for highly anticipated IPO

Mar 1, 2019
In a hotly anticipated move, Lyft, the 7-year-old ride-share company, has taken the first step toward going public. Today it filed the required paperwork with the Securities and Exchange Commission. Both Lyft and Uber were expected to file initial public offerings soon, but it appears Lyft has beat its main competitor to the punch. The […]
The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York.
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As Uber eyes an IPO, what's its plan for profits?

Feb 28, 2019
It's expanding far beyond ride-sharing, and it has tons of data.
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Companies like Uber that have filed for IPOs are stalled while the SEC lawyers and accountants who work on IPOs are shut down along with the government.
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NYC set to give ride-hail drivers big raises

Dec 19, 2018
The nation's first minimum wage for drivers could boost their pay by more than 40 percent.
Cars drive through afternoon traffic on the Brooklyn Bridge on July 30, 2018 in New York City.
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Ride-sharing to the doctor's office is big business

Dec 14, 2018
App-based services like Lyft and Uber are expanding aggressively into health care, as insurers will often pay for rides to ensure patients get to the care they need.
Lyft passengers and drivers in a Lyft ride on Feb. 3, 2016 in San Francisco, California.
Mike Coppola/Getty Images for Lyft

For public good, not for profit.

Uber and Lyft race to IPO finish line

Dec 10, 2018
Potentially, Uber or Lyft will get to plant the first flag in a new public business: ride-hailing apps. Click the audio player above to hear the full story.

NYC guarantees minimum wage for ride-share drivers

Dec 6, 2018
The New York City Council voted in August to give the Taxi and Limousine Commission the authority to determine a minimum wage for contract drivers for Uber and Lyft. The commission set the rate this week at $17.22 an hour, plus expenses for things like taxes and car maintenance. A statement from Uber said the […]
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Scooters could improve mobility in low-income areas, but they have an image problem

Dec 5, 2018
They can be left anywhere, which riles wealthy communities. But that might make them surprisingly effective in underserved neighborhoods.
A user rides a Spin scooter in San Francisco.
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