iShares Transportation ETF shifts to market capital weighting

iShares Transportation ETF shifts to market capital weighting

By Christy Gren - May 19, 2021

iShares Transportation Average ETF (IYT), the world’s largest transport-focused exchange-traded fund worth $2.2bn, will now be weighing stocks based on their market capitalizatio

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Toyota pays $550 million for self-driving unit of Lyft

Toyota pays $550 million for self-driving unit of Lyft

By Anna Domanska - Apr 28, 2021

Toyota Motor Corp. has bought the self-driving division of ride-hailing company Lyft for $550 million in a move that reflects the ambitions of Toyota to expand into mobility techno

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Lyft becomes the first ride-hailing company to go public

Lyft becomes the first ride-hailing company to go public

By Anna Domanska - Mar 30, 2019

Lyft and Uber have for many years raced against each other on the first to go public. And at some point, it was believed that Uber would hit the public market square first due to i

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Uber vs Lyft: Whose IPO will set stocks soaring?

Uber vs Lyft: Whose IPO will set stocks soaring?

By Anna Domanska - Dec 11, 2018

Uber and Lyft have hinted for months that they’ll go public in 2019. What came as a surprise was reports of Uber confidentially filing last week which indicate the IPO could come

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Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters

Top-tier ride-hailing companies are now offering rides on electric bicycles and scooters

By Carrie Ann - Sep 07, 2018

Ride-hailing companies are beginning to make a shift from their primary business to win as many users as possible in the transportation market. Uber CEO Dara Khosrowshahi already g

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Lyft Acquires Largest American Bike Sharing Company ‘Motivate’

Lyft Acquires Largest American Bike Sharing Company ‘Motivate’

By Carrie Ann - Jul 03, 2018

The urban transportation war in the nation climbs on the top gear, as Lyft Inc. acquires North America’s largest bike-rental operator, Motivate International Inc. Both the compa

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Ford Expands Into On-Demand Medical Transportation Service to Challenge Uber Health

Ford Expands Into On-Demand Medical Transportation Service to Challenge Uber Health

By Anna Domanska - Apr 18, 2018

Lack of reliable medical transport accounts for over 3.6 million cases of missed medical appointments and poor illness management, even when good health care is readily available.

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Lyft goes international, to offer rides in Canada

Lyft goes international, to offer rides in Canada

By Carrie Ann - Nov 14, 2017

With Uber’s popularity gradually going downhill, its competitors are using this as an opportunity to establish a strong position in the market. This is because Uber has been the

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Lyft Board of Directors welcomes a new female member

Lyft Board of Directors welcomes a new female member

By Carrie Ann - Aug 01, 2017

For a company of any given field to achieve progress at a stagnant rate, it is important for the organization to have the right leader. If yours is a well-established company, then

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