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. Oppo Find X10 Series Tipped to Launch With Notable Battery Upgrades
  2. Oppo Find X9s Review: Almost 'Pro'
  3. Scientists Find a Hidden Shortcut to the Moon That Saves Fuel
  4. Vivo S60 to Be Available in These Three Colour Options Ahead of Debut
  5. Maa Behen OTT Release: When and Where to Watch it Online?
  6. Next State of Play Broadcast Will Feature New Look at Marvel's Wolverine
  1. Scientists Discover New Fuel-Saving Route to the Moon
  2. Madhu Vidhu OTT Release: Where to Watch, Plot, Cast, IMDb Rating, and More
  3. Maa Behen OTT Release Revealed: When and Where to Watch it Online?
  4. LOL: Last One Laughing Germany Season 7 Out on OTT: Know Where to Watch it Online
  5. Warrant: From the World of Vilangu OTT Release Date: When and Where to Watch it Online?
  6. Xiaomi Clip Open-Ear Earbuds Launched With LHDC 5.0 Audio, Up to 38 Hours Total Battery Life: Price, Specifications
  7. Sathi Leelavathi Now Streaming on SunNXT: Everything You Need to Know About Plot, Cast, and More
  8. Xiaomi Smart Band 10 Pro Launched With 1.74-Inch AMOLED Screen, Up to 21 Days Battery Life: Price, Features
  9. Honor Developing Wide-Foldable Phone With Snapdragon 8 Elite Gen 6 SoC, Tipster Claims
  10. Google’s Gemini Offers Agentic Design Creation With New Adobe and Canva Connectors
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.