Ridehailing firm Lyft will reportedly make its Nasdaq debut as early as next week.
View More Lyft’s imminent IPO could value the company at $23BCategory: Lyft
Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. We love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up by reading the first edition here or check out last week’s edition, which offered the gamut of mobility news from Lyft and Bird to […]
View More Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in AustinUber will reportedly file for IPO next month
Uber, on the heels of Lyft’s official documentation for its initial public offering, is expected to file its S-1 in April, Reuters reports. Uber, in December, filed confidential paperwork for its IPO. Uber will also reportedly kick off its IPO roadshow next month. As part of its offering, Uber is also expected to reward some […]
View More Uber will reportedly file for IPO next monthLyft’s second head of diversity wants to take a more holistic approach
IPO-bound Lyft has employed a head of diversity and inclusion before, but this time, the person in this role has a more holistic mission. Today, Lyft is announcing Monica Poindexter, formerly Facebook’s global head of diversity business partners, has joined the company to lead the transportation company’s inclusion and diversity efforts. “I’m in a unique […]
View More Lyft’s second head of diversity wants to take a more holistic approachUber said to be raising $1B at a $10B valuation for its self-driving car unit
The SoftBank Vision Fund is in talks to invest directly in Uber’s autonomous vehicle business, reports The Wall Street Journal.
View More Uber said to be raising $1B at a $10B valuation for its self-driving car unitTetrate nets $12.1 million to bring microservices to the corporate masses
Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.1 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing […]
View More Tetrate nets $12.1 million to bring microservices to the corporate massesFlight-hailing startup Blackbird raises $10 million to replace driving with flying
The origin story of Blackbird, a startup that links travelers to planes and commercial pilots through an app, didn’t begin with air travel. It was prompted by car sickness. Blackbird CEO and founder Rudd Davis, who was getting his pilot’s license at the time, asked his flight instructor if he would fly his family to […]
View More Flight-hailing startup Blackbird raises $10 million to replace driving with flyingTransportation Weekly: Waymo unleashes laser bear, Bird spreads its wings, Lyft tightens its belt
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fifth edition of our newsletter and we love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up here, here and here. As I’ve written before, consider this a soft launch. Follow […]
View More Transportation Weekly: Waymo unleashes laser bear, Bird spreads its wings, Lyft tightens its beltStartups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans
In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.
View More Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plansLyft lays off up to 50 in bikes and scooters as it gears up for another wave of launches
As Lyft continues to prepare for its IPO, the on-demand transportation startup is trimming staff to cut costs ahead of another wave of expansion. TechCrunch has learned and confirmed that Lyft has laid off around 50 staff in its bike and scooter division, mainly people who had joined the company when it acquired the electric […]
View More Lyft lays off up to 50 in bikes and scooters as it gears up for another wave of launchesAirbnb agrees to acquire last-minute hotel-booking app HotelTonight
Airbnb to purchase HotelTonight, a hotel-booking app last valued at $463 million.
View More Airbnb agrees to acquire last-minute hotel-booking app HotelTonightLyft offers free rides through March for Women’s History Month
For riders trying to educate themselves this International Women’s Day or Women’s History Month, Lyft is offering discount codes to visit significant monuments, museums, statues, women-owned businesses, and more.
As part of Lyft’s promotion, the company is recognizing women both in history and still living and fighting for equity — no matter if through local government or a local business. Ride-hailing app users can get $10 off rides to places connected to women’s rights, fights, struggles, and achievements.
Former senior advisor to President Barack Obama Valerie Jarrett sits on Lyft’s board, so she shared some inspirational places in the capital city she recommends visiting, like the Rosa Parks statue. Read more…
More about Lyft, International Women S Day, Social Good, Transportation, and Identities
View More Lyft offers free rides through March for Women’s History Month