8 May 2019 — WSWS
Thousands of drivers for Uber, Lyft and other ride-sharing companies are expected to join in a strike today, logging off their apps at peak hours to press demands for livable wages and job security.
6 April 2019 — Novara Media
Ride-hailing app Lyft’s initial public offering (IPO) last week saw the company valued at $24.3bn in its first day of trading shares – before crashing back below its $72-a-share initial purchase price, where it has knocked around for the rest of the week. Short-sellers (those betting on further price falls) have reportedly gone into “overdrive”, whilst the post-offer price slump has been flagged as a significant warning for tech investors in general.