financetom
Business
financetom
/
Business
/
Lyft to sell some bike, scooter assets, lay off 1% of employees
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lyft to sell some bike, scooter assets, lay off 1% of employees
Sep 6, 2024 12:09 PM

Sept 4 (Reuters) - Ride-sharing platform Lyft ( LYFT )

said on Wednesday it will dispose some assets related to bikes

and scooters and lay off 1% of its employees.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bank Handlowy to shift focus to corporate banking, sell consumer business
Bank Handlowy to shift focus to corporate banking, sell consumer business
May 28, 2025
GDANSK, May 28 (Reuters) - Bank Handlowy, the Polish arm of Citigroup ( C/PN ), has announced a plan to shift its focus towards institutional banking and has agreed to sell its consumer banking business to VeloBank. Bank Handlowy aims to develop its institutional banking activities, which accounted for 72% of bank's revenue in 2024. The exit from the retail...
US will have golden share in Nippon Steel's takeover of US Steel, lawmaker says
US will have golden share in Nippon Steel's takeover of US Steel, lawmaker says
May 28, 2025
WASHINGTON/TOKYO (Reuters) -The U.S. government will have veto power over key decisions relating to U.S. Steel, as part of a deal with Nippon Steel ( NISTF ) that would approve the Japanese firm's bid for the well-known American steel company, a U.S. lawmaker said on Tuesday. The details are laid out in what is called a national security agreement (NSA)...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Robinhood rolls out desktop trading in UK to target seasoned retail investors
Robinhood rolls out desktop trading in UK to target seasoned retail investors
May 28, 2025
May 28 (Reuters) - U.S.-based online brokerage Robinhood said on Wednesday it was expanding its desktop platform into the UK to extend its reach among retail investors looking for more sophisticated trading tools. The launch comes months after the company first unveiled the product for its U.S. customers. WHY IT'S IMPORTANT Retail investors are increasingly viewing trading as an alternative...
Copyright 2023-2026 - www.financetom.com All Rights Reserved