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The Latest Breaking News from FreeNow

Lyft posts record bookings, but higher promotions fuel profit miss

The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.

The Economic Times

‘This is very transformative for the business’: Lyft’s head of growth on taking a big step into London’s black cab sector

The ride-hailing giant has agreed to acquire Gett U.K., making it the largest app for London’s iconic black cabs. Lyft’s EVP for global growth, an Arsenal fan, is excited.

Fortune

Lyft Remains A 'Show-Me' Story, Analysts Press For Execution

Lyft Inc. (NASDAQ:LYFT) posted strong third-quarter results, underscoring improvement in execution and operational discipline.

Benzinga

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Uber vs. Lyft: Which Ride-Hailing Stock Deserves Your Money?

While both are aggressively expanding, one has an upper hand.

Barchart

Lyft: Rideshare Markets With AV Are Growing 5X Faster

Shares of Lyft Inc (NASDAQ:LYFT) rose in early trading on Thursday, after the company reported upbeat second-quarter earnings on Wednesday.

Benzinga

Lyft Scales Into Europe: Can It Take Market Share From Uber?

Lyft's 8% market share of the global ride-hailing market trails behind Uber's 25% market share, but its acquisition of FreeNow mobility platform adds Europe

MarketBeat

'We're being pushed to breaking point': Taxi drivers work overnight until 10am due to poor pay

Minicab drivers like Khalid Edah-Tally in London are struggling, working up to 100 hours weekly to make ends meet

Evening Standard

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Hundreds of black taxi driver sign-ups in London after 'The Knowledge' test made free

Normally it takes several years to complete The Knowledge at a cost of up to £5,000

Evening Standard

Black taxi fares could rise by nearly 9% under plans being considered by Transport for London

Proposals range from freezing day, evening and weekend tariffs to increasing them by either 3.7%, 5.2% or 8.9%

Evening Standard

Gigs are the top occasions adults choose to spend their money on, according to research

A poll of 2,000 adults who attend live events found they prefer a concert (63 per cent) over theatre shows (14 per cent)

The Independent UK

FREENOW pledges £1 per ride to help save the UK's live music venues

The Ride for Music campaign has been commended by celebrities across the country, including Ed Sheeran and Amy Lamé

Evening Standard

Ride-hailing app Freenow offers drivers ‘breakthrough’ choice of employment status

Drivers on the minicab network will now be able to choose whether to become workers or remain self-employed

Evening Standard

Young woman issues warning after taxi driver 'touches thigh and neck'

Megan Carpenter says the driver began touching her tattoos after she got in the motor.

Daily Record

Young woman's Dublin taxi warning as driver 'touches thigh and neck'

Megan Carpenter has warned others to be vigilant and said she now knows "that no transport is really safe"

Dublin Live

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Irish Mirror

FreeNow end six-figure RTE sponsorship following controversial Tommy Tiernan taxi joke

The taxi company said that prejudice towards taxi drivers is "unacceptable"

Dublin Live

FreeNow app introduces €1 levy that will hit Irish customers

The fee will apply to those who use the app to book fares

Irish Mirror

FREENOW introduce new 'technology fee' of €1 but people are not happy

The move has caused outrage online, but the company has defended itself by insisting it's necessary to improve the quality of the service.

Irish Mirror

FreeNow had 17,000 requests in one hour on Saturday night as Dubliners slam lack of transport options

"On Saturday night, June 11, we received over 17K requests from midnight to 1am"

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