Uber Rival Lyft May Have Plans to Launch Its Services in London

Advertisement
By Reuters | Updated: 26 September 2017 17:39 IST

Lyft, Uber's closest US rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion.

Transport for London (TfL), which oversees taxi and private hire car operators, published details of the meetings with Lyft executives in response to a UK government freedom of information request in July.

Advertisement

If Lyft enters the London market Uber would face its first well-funded competitor in Europe when it is trying to overturn a decision by TfL not to renew its licence. Lyft has raised around $2.6 billion in financing, including an investment round of $600 million in April, according to funding tracker Crunchbase.

Lyft's investors include automaker General Motors .

Advertisement

London's transport regulator on Friday said it would not renew Uber's licence to operate, citing the firm's approach to reporting serious criminal offences and background checks on drivers.

Uber Should Stay in London, Pleads Petition Signed by 800,000 Riders

Lyft has already signalled it is looking at expansion outside the United States. Chief Executive Logan Green told the Associated Press in August that Lyft planned to go international "in the not too distant future".

Advertisement

A Lyft spokeswoman declined to comment on the timing of any expansion moves or the nature of Lyft meetings with London officials. It now operates ride services in more than 600 cities, covering as much as 95 percent of the US population.

Four TfL officials met with Lyft's Chief Strategy Officer Raj Kapoor and Michael Masserman, its director of international government relations, in December 2016. Three unnamed members of the Greater London Authority were also present, according to TfL documents. Lyft presented details of its business model in that meeting.

Advertisement

Subsequent follow-up-conversations took place between TfL's Director of Transport Innovation Michael Hurwitz and Lyft executives Kapoor and Masserman over the phone in December and in January, TfL documents showed.

This was followed by another meeting between the three in New York in March.

"We regularly talk to companies around the world about innovation that could improve transport in London," Hurwitz, said in a statement.

© Thomson Reuters 2017

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. No More Black? iPhone 18 Pro New Leak Reveals Bold New Colour Options
  2. Realme 16 5G With 7,000mAh Battery Goes on Sale in India: See Offers
  3. Casio AE-1600HX Series Launched With Up to 10 Years of Battery Life
  4. Samsung Sets Deadline for Messages App: Here's What Replaces It
  5. Thaai Kizhavi OTT Release Date: When and Where to Watch it Online?
  6. Euphoria Is Streaming Online: Know Where to Watch Sara Arjun's Social Thriller
  7. Meta to Conduct Yet Another Layoff, Designation Changes Amid AI Push
  8. Redmi A7 Pro 5G Will Launch in India on This Date
  9. Glory OTT Release Confirmed: Where to Watch Pulkit Samrat Starrer Online?
  10. Band Melam OTT Release: Know Where to Watch the Telugu Romantic Musical
  1. No More Black? iPhone 18 Pro New Leak Reveals Bold New Colour Options for 2026
  2. China Urges Banks to Use Blockchain for Lending, Tax Data Sharing
  3. Meta to Fire 200 Employees, Phase Out Middle Manager Titles Amid AI Push: Report
  4. Glory OTT Release Confirmed: Where to Watch Pulkit Samrat and Divyendu Sharma Starrer Online
  5. Oppo Find X9 Ultra to Feature 10x Optical Zoom and External Lens Kit
  6. China Removes Bitchat App From Apple Store Over Regulatory Concerns
  7. WhatsApp Reportedly Rolls Out Noise Cancellation for Voice and Video Calls to Android Beta Users
  8. Samsung Galaxy S27 Pro to Reportedly Launch Next Year With the Privacy Display Feature
  9. iPhone Fold Trial Production Begins Ahead of Anticipated Launch in H2 2026: Report
  10. New Study Claims There Might Be Way More Pulsars in Space Than We Previously Thought
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.