Lyft competes with Uber for ride-hailing customers. Now it is following its rival into bike-sharing, as the companies move to diversify the kinds of transportation services they offer. Lyft said ...

Lyft said Monday it is considering either selling or finding a strategic partner for its bikes and scooters unit as the rideshare company races Uber for market share. The California-based Lyft said it ...

Citi Bike owner Lyft is reportedly looking to offload its pricey fleet of bikes and scooters as part of a wider cost-cutting shakeup by new CEO David Risher. Risher, who took over in April, wants to ...

Lyft Inc. plans to write down some of its bike and scooter rental assets, and cut 1% of its employees as the ride-hailing company struggles to turn profitable. The plan is part of “efforts to align ...

Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission ...

Lyft is making changes to their e-bikes and scooters program Some employees are being let go in the company's "restructuring" SAN FRANCISCO - The public should expect a change in Lyft's bikes and ...

Lyft, like Uber, is moving beyond cars. The ride-hailing startup on Monday announced it will acquire Motivate, the largest bikeshare operator in North America. Motivate operates Citi Bike in New York ...

A Brooklyn lawmaker is demanding that Lyft install an age verification program to prevent riders under the age of 16 from renting a Citi Bike or even setting up an account. “We should be using these ...