LYFT’S RID­ER­SHIP AL­READY SUR­PASSES ALL OF 2016

The Denver Post - - BUSINESS -

DETROIT» Ride-hail­ing ser­vice Lyft car­ried more pas­sen­gers through June this year than it did in all of last year as it cap­i­tal­ized on mis­steps by Uber.

Rid­er­ship through June sur­passed the record 162.5 mil­lion rides it gave in all of 2016, Lyft said Mon­day. A spokes­woman didn’t give an ex­act num­ber.

Lyft also an­nounced for­mer Obama ad­min­is­tra­tion se­nior ad­viser Va­lerie Jar­rett as the board’s 10th mem­ber.

Uber has been with­out a CEO since June when com­pany co-founder Travis Kalan­ick stepped down un­der pres­sure from the board. The de­par­ture took place af­ter in­ves­ti­ga­tions by out­side law firms un­cov­ered wide­spread sex­ual ha­rass­ment at the com­pany. The com­pany is un­der fed­eral in­ves­ti­ga­tion for al­legedly us­ing soft­ware to thwart city in­spec­tors who were try­ing to mon­i­tor its drivers.

The re­ported front run­ner, Hewlett Packard En­ter­prise CEO Meg Whit­man, an­nounced on Thurs­day that she would not take the job. — The Associated Press

Va­lerie Jar­rett

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.