Eventual, which develops Daft, a Python-native open-source data processing engine, raised a $7.5M seed led by CRV and a $20M Series A led by Felicis Ventures
When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft's autonomous vehicle program …
A typo in Lyft's Q4 release mistakenly forecast a 500 BPS of EBITDA margin improvement for 2024, causing a stock surge, before the error was corrected to 50 BPS
- Lyft mistakenly forecast 500 basis points of margin improvement for 2024, causing a stock surge.
Appcues, which offers analytics and no-code tools to fix user onboarding, raises a $32.1M Series B led by NewSpring, says it has ~1,500 customers including Lyft
User onboarding has been a longstanding and persistent challenge in the world of apps. Developers grapple with design …
Uber wants to fund education and career-building programs for drivers and Lyft is exploring ways to reduce drivers' expenses, as they deal with driver shortages
Facing a shortage of drivers, Uber will spend $250M on a one-time “stimulus” for US drivers and Lyft is offering $800 bonuses for referring former drivers
Dave Lee / Financial Times :
Lyft says riders will have the option to pay for and split fares using Venmo in the coming weeks
Lyft riders will soon have the option for paying and splitting fares using Venmo, the company said in a blog posting this morning. Venmo joins Lyft's other payment methods of PayPal, credit cards, de...
Lyft launches a car rental service with no mileage limit, starting in SF and LA for as low as $35 per day
Starting in SF and LA for as low as $35 per day — Lyft is getting into car rentals. The ride-hailing company announced Thursday that it's launching a rental service available …
Lyft unveils Lyft Pink, a membership plan for $19.99 per month with a 15% discount on all car rides, ditches earlier $299-per-month All-Access Plan
It's much cheaper than Lyft's year-old, $299-a-month ‘All-Access Pass’ — Lyft is rolling out a new membership plan for riders …
Lyft launches Jobs Access Program to provide free and subsidized rides to the unemployed and those seeking job training in 35+ markets in the US and Canada
In March, hot on the heels of its initial public offering, Lyft announced City Works, a $50 million program seeking to strengthen …
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
and Wall Street is thrilled Tweets: @cnbc : “We're probably a couple years away from really being in the clear here.” Here's what 3 experts had to say about Uber's first-ever quarterly earnings report...