Lyft is targeting $1 Billion in Gross Revenue This Year, says CEO Logan Green

San-Francisco-based Ridesharing company Lyft is targeting $1 billion in revenue during the current year, said CEO Logan Green. At the South by Southwest festival in Austin, Texas on Monday, Green informed that the company is experiencing rapid growth and their team is planning to expand in more... read more

No Ticketing of Uber, Lyft Drivers in Arizona

Arizona Governor Doug Ducey said Thursday that his move to stop state regulators from ticketing drivers for rideshare companies such as Uber and Lyft is legitimate as it is intended to meet his goal of nurturing cutting-edge businesses.

"Companies like Uber and Lyft are innovative,... read more

California DMV backtracks on commercial registration of Uber and Lyft vehicles

The Department of Motor Vehicles has backtracked from an earlier decision which required the drivers working with ridesharing services Uber and Lyft to have commercial plates for their vehicles. On January 5, California DMW issued a memo saying that Lyft and Uber drivers were offering commercial... read more

Uber, Lyft & Sidecar engaged in unlawful practices: California DAs allege

Ride-sharing services Uber, Lyft and Sidecar are all engaged in a couple of unlawful practices, district attorneys (DAs) of San Francisco and Los Angeles alleged.

The DAs said a joint investigation revealed that the ride-sharing companies' websites misled consumers by claiming that their... read more

Uber and Lyft accuse each other of dirty tricks

Uber and Lyft - two rival taxi apps in the embryonic market for on-demand transportation - are apparently involved in a bitter scuffle; with each of the two claiming that the other is trying to sabotage its business.

On Monday, Lyft accused Uber of slowing its service and causing lost... read more

Pennsylvania PUC urged to grant temporary permits to Uber, Lyft

On Thursday, the Pennsylvania Public Utility Commission (PUC) was urged by local political leaders and state legislators for grant of temporary permits to Uber and Lyft ride-sharing companies.

Temporary permits have been sought for Uber and Lyft so that the two ride-sharing companies can... read more

Lyft launching its car service in several New York boroughs

Close on the heels of Uber's recent announcement that it is slashing the cost of its UberX rides in New York City, rival car service Lyft said in an official statement released on Tuesday that it is launching its service in a number of New York's boroughs.

According to the Lyft statement... read more

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