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Lyft CEO Says He Learnt 'How To Compete' From Bill Gates And 'How To Obsess Over Customers' From Jeff Bezos —Now His Focus On Weaknesses Over Strengths Drives Record Rides, Earnings Beat, And 28% Stock Surge In Single Session
Saturday, May 10, 2025 - 1:18am | 597Lyft Inc. (NASDAQ:LYFT) CEO David Risher‘s leadership strategy, shaped by his decade working under tech titans Bill Gates and Jeff Bezos, has propelled the ride-sharing company to record performance in 2024. What Happened: Risher, who joined Lyft as CEO in 2023, credits a specific lesson from...
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Lyft CEO Sees Autonomous Vehicles Including Alphabet's Waymo As Game-Changer For Ride-Hailing, Not A Threat: 'The More AVs… The Better Lyft Does'
Wednesday, February 12, 2025 - 7:48am | 578Autonomous vehicles will be a transformational addition to the ride-hailing marketplace, according to Lyft (NASDAQ:LYFT) CEO David Risher. What Happened: “The more AVs, the more rideshare market expands, and the better Lyft does,” Risher said during the company’s fourth-quarter...
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Is There Value Left In Lyft Stock?
Thursday, May 25, 2023 - 3:53pm | 882Domestic rideshare operator Lyft Inc. (NASDAQ: LYFT) has fallen even further in Uber Technologies Inc. (NYSE: UBER) rearview mirror. While its Q1 2023 earnings report beat the top and bottom lines with its adjusted profits, Wedbush analyst Dan Ives said that Lyft has "lost all Street...
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Jeff Bezos' Leadership Style To Drive Lyft's Turnaround, Says CEO: 'Copying His Strategy That Worked…For Amazon'
Saturday, May 13, 2023 - 5:32am | 380After announcing the decision to lay off more than 1,000 employees, David Risher, the new CEO of Lyft Inc (NASDAQ:LYFT), said he plans to use his previous experience working for Amazon.com Inc (NASDAQ:AMZN) and with Jeff Bezos to lead the rideshare company to success. What Happened: Risher,...