John Zimmer

4 results

Photograph: Lucas Jackson/Reuters
Lyft’s IPO oversubscribed on road show’s second day

Lyft’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing star(...)

58% of junior roles are filled by women at 50 of the world’s biggest banks. Photograph: Getty
Buffett on the bottle, ‘woke’ at Lyft and windowing

In numbers: Senior imbalance 58 Percentage of junior roles filled by women at 50 of the world’s biggest banks, insurers, asset managers and professi(...)

Lyft appears to have kept a promise it made to investors last year that monthly losses wouldn’t exceed $50 million
Uber rival Lyft lost $600m last year as revenues jumped 250%

Lyft, the second-largest ride-hailing start-up in the US behind Uber, lost about $600 million last year while increasing revenue 250 per cent, accordi(...)

A driver with the ride-sharing service Lyft waits for a customer on a street in Santa Monica
General Motors, Lyft team up for self-driving car partnership

General Motors is investing $500 million in Lyft and has laid out plans to develop an on-demand network of self-driving cars with the ride-sharing se(...)