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Lyft, a privately held ridesharing service headquartered in San Francisco, has pulled over curbside to pick up Hitch, a carpooling startup also located in the most densely populated city in California (and second most densely populated city in the entire U.S. after New York City). The acquisition will be used to...
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Three Uber riders experienced one of the worst-case scenarios skeptics of the rideshare service--a high-speed car chase and a (brief) de facto kidnapping--during a visit to the Washington, D.C. area. The Washington Post reports that Ryan Simonetti, co-founder of a company called Convene, and two colleagues hailed...
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Rideshare service Uber is already established in New York, but competitor Lyft is about to launch its service in the city as well, beginning with Queens and Brooklyn. From Lyft’s perspective, this isn’t just about edging into a market to keep pace with a competitor--it’s about bringing a much-needed...
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Rideshare services Lyft and Uber (“hipster taxis”, a friend calls them) are facing some backlash over their business model of peer-to-peer ridesharing, particularly in the state of Virginia. The Virginia DMV has made it clear that this ridesharing paradigm is against current law. There’s a provision...
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