As users of Lyft, as well as its larger competitor Uber, which is expected to soon follow it onto the public markets, we can attest that the service is awesome. But that doesn’t mean that the business is awesome. Here's how to decide if you should invest in the companies.
Lyft is launching a $200 subscription service called “Lyft Pass” for up to 30 discounted rides, and the ride-share company is inviting hundreds of its top-rated Baltimore-area drivers to apply for credentials to give rides to and from Fort Meade.
Lyft will pay $270,000 to sponsor five Baltimore Bike Share stations for three years, in a first-of-its-kind partnership for the San Francisco-based rideshare company that will also add designated Lyft pick-up zones at the stations.
Ridesharing companies Uber and Lyft will not have to adopt fingerprint-based background checks for their drivers in order to continue operating in Maryland, but will have to agree to additional reporting and safety provisions, state regulators of the ridesharing industry said Thursday.
The Maryland Public Service Commission is charged with keeping passengers safe — that's why Uber and Lyft should not get a special waiver exempting their drivers from fingerprint background checks. Across the country, a steady stream of news reports concern Uber drivers sexually and physically assaulting passengers.
Uber will invest $25,000 over the next two years in student-run startups at the University of Maryland, College Park, one of only three college partnerships for the San Francisco-based ride-share company, the university announced Sunday.
New technologies are expanding transportation options across the United States, and Baltimore ranks among the top 25 cities taking advantage of the trend, according to a study released Wednesday by Maryland PIRG.
Uber Technologies still has a lot to say about the Maryland Public Service Commission's plan to regulate it and other ride share companies as taxi operators — and the regulating agency will hear them out.
The popular ride share company Uber began urging Baltimore users this month to help "save" it, declaring that "Uber's future in Maryland is in jeopardy." Uber's PR campaign was spurred by regulators wading into the same controversy that already hit cities across the county as Uber and other technology-fueled ride sharing companies disrupt the local taxi cab market.
Imagine tapping your need for a ride to the grocery store into your smart phone, and it connects you with someone else in your neighborhood who is headed in the same direction and willing to pick you up on the way. Lyft is launching in Baltimore at 4 p.m. on Oct. 17.