Lyft

Lyft CEO David Risher will gradually retire the FreeNow brand, consolidate both apps in Europe under Lyft, and keep the European headquarters in Hamburg. Robotaxis are scheduled to start soon in Hamburg; Lyft is testing various partner technologies (including from China and the US) and emphasizes data security measures. At the same time, Lyft plans to offer cheaper rides again in Berlin and Cologne and is targeting one billion rides brokered worldwide in 2026. » Więcej na welt.de

Lyft is expanding its presence in Europe with heavy investments and the phased integration of the acquired taxi app Free Now under the Lyft brand. CEO David Risher is holding talks with politicians and partners and emphasizes cooperation with technology providers such as Waymo as well as with Chinese firms in Europe. The company plans robotaxi projects in cities like Hamburg and intends to operate autonomous services coexisting long-term alongside human‑driven vehicles. » Więcej na faz.net

Lyft now offers Waymo’s fully autonomous robotaxi rides bookable through its app in Nashville, available for several ride types at no extra cost. Lyft’s Flexdrive subsidiary will handle charging, cleaning and maintenance from a new facility, positioning Lyft as a fleet-management partner for Waymo. The move gives Lyft a capital-light entry into robotaxis and potential new revenue streams but is initially limited in availability and could pressure Lyft’s driver-based model if autonomous adoption scales. » Więcej na finance.yahoo.com

At the Goldman Sachs conference Lyft reported a financial turnaround: the company is generating an annual positive cash flow of around $1 billion and an annualized EBITDA of about $700 million based on Q2 extrapolations. Annual rides are expected to climb above 1 billion; growth will be driven mainly by premium services, international expansion through FreeNow and the integration of autonomous vehicles. Lyft expects autonomous vehicles could make up roughly 10% of the business by 2030, but emphasizes a continuing hybrid model with about 90% of the network remaining driver-based. » Więcej na de.investing.com

Lyft shares fell about 4.3% in the morning after Scotiabank put the stock under coverage with a "Sector Perform" rating and a $17 price target. Unlike Uber and DoorDash, Scotiabank highlighted that Lyft has a structurally weaker competitive position, which amplified negative sentiment. Several insiders sold shares via 10b5-1 plans; prior analyst neutral ratings and price-target cuts support the consensus to "hold." At the same time, competition from Waymo, Tesla’s CyberCab and Uber’s scale advantage, plus a weak market environment, weigh on the stock. » Więcej na de.investing.com