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/PRNewswire/ Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation ("Toyota"), today announced that John Absmeier will join. ....
Y Combinator’s Winter 2022 open source founders have interesting ideas up their sleeves, and some of them will let you join in on the fun of collaboration too. ....
/PRNewswire/ AnyRoad, the leader in Experience Relationship Management (ERM), today announced that former Lyft talent and HR leader Iris Hermelin has joined. ....
Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street, had expected. Shares of the Uber competitor rose as much as 4.5% in after-hours trading following the disclosure of its financial performance from the first three months of the year. As of the time of writing those gains have fallen to a smaller 2.5% gain. Turning to its results, Lyft’s revenue fell 36%, to $609 million, in the first quarter of 2021 compared to the same period last year before the COVID-19 pandemic upended the economy, and, more specifically, the ride-hailing industry. That disparity in revenue can be directly tied to fewer active riders using its app. The company said it had 13.49 million active riders in the first quarter, down more 36.4% from the 21.2 million riders on its network in the same period last year. ....
Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. We took a week off and now we’re back. Whoop. Let’s catch up on all things transportation. My email inbox is always open. Email me at [email protected] to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter @kirstenkorosec. Micromobbin’ JOCO, a new docked e-bike service in New York City, has launched and is already facing some headwinds. The service started with 300 e-bikes at 300 stations in private parking garages and plans to expand to about 1,000 e-bikes at 100 stations by June. That is, unless the NYC Department of Transportation has anything to say about it. ....