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Sidecar and Lyft ditch donation model to switch to minimum fares in California
Lyft3232.pngAccording to reports, two on-demand transportation apps, Sidecar and Lyft, have ditched their donation model and have switched to minimum fares in California, where the Public Utilities...
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Popular Business Model of Uber, Lyft and Others may Crumble with Stricter Rules
Uber-Lyft.jpgAs per the ruling by a deputy labor commissioner, Uber was ordered to pay one of its driver's expenses, as she was considered to be the company's employee and not an independent...
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Sidecar Going Out of Business; Ceasing Operations on December 31
Sunil_Paul.jpgSidecar, the pioneer in ride-sharing concept will be closing at the end of this year. Its four year journey from 2011to 2015 was a difficult one as the San Francisco company had to face...
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Recode: Lyft had recently sought $9B in buyout offer
Lyft.jpgAccording to a Recode report, San Francisco-based rise-hailing company Lyft was recently seeking an amount of $9 million in a buyout offer, but it apparently failed to secure any serious...
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Lyft seeking $9B buyout, Uber not willing to pay more than $2B
Lyft.jpgWith regard to ride-hailing company Lyft's reported attempts to seek a $9 billion buyout, unidentified sources familiar with the proceedings have told Bloomberg that Lyft's bigger rival Uber is...
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John Zimmer: Most of Lyft’s car rides will be handled autonomously by 2021
John_Zimmer.jpgIn a fairly lengthy Medium post released on Sunday, John Zimmer, co-founder and president of ride-hailing service Lyft, outlined how his company envisioned the future of transportation...
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