Mobifer’s Post

Yes, it's electric. Yes, it's cheating. Yes, I just passed you. Lyft is planning a major restructuring to streamline its bikes and scooters business, while attempting to cut costs. The company has made clear that bikes and scooters are core to its purpose. Unfortunately, this comes at the expense of laying off 1% of its workforce. As part of the restructuring, Lyft is streamlining its offerings by eliminating standalone dockless bikes or scooters along with renaming its division to Lyft Urban Solutions. In the broader scheme of things, Lyft manages Citibike in New York and operates similar bikeshare services in multiple U.S. cities. The company also has bikeshare systems in over 50 markets across 16 countries, including London, Madrid, Toronto, and Dubai. Reading between the lines, the restructuring is intended to shift Lyft’s focus away from scooters and towards e-bike rentals. More significantly, this indicates a strategic shift from research and development to a greater focus on sales, operations, and deployment. All of these changes were made to better compete with Uber. Of course, they've also helped Lyft report a profitable quarter for the first time in its history as a public company. At this point, focusing on profitability and building its identity is turning out to be the better strategy https://lnkd.in/gAx4vtCe #lyft #transportation #rideshare #ebike #culture

What's New to TheStreet... 🚲Lyft to Restructure Bikes & Scooters Division🚲 Lyft is making tough decisions to streamline its business, cutting 1% of its workforce as it scales back its bikes and scooters division. This move is expected to result in charges of $34M to $46M. What do you think about Lyft’s decision to cut back on micromobility? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #lyft #layoffs #restructuring #technews #scooters #bikes #businessnews #business #news #newtothestreet

Recently I had the pleasure to visit the development centre of Caleedo - Digitizing Possibilities - a pioneer start up in the #workplace technology domain, in Gurgaon. It was great to see a team of young technology professionals enthusiastically working under the able guidance of industry veterans. This is an amazing symbiosis of innovative thinking and worldly experience ! The products and the platform designed by team Caleedo addresses some of the most critical requirements to make #workplaces #smart and #safe. The suite of solutions offered by @Caleedo contributes not only to #Health & #Wellness and #elevated experience at the workplace but also contributes to overall #ESG strategy of organisations in an objective manner. I have been associated with Caleedo from the time of ideation in 2019 - what attracted me was the #pathbreaking idea in an area that was much neglected and that the idea was initiated by industry veterans who are aware of the dire need. Since then, I have been part of trials and tribulations that an early start up with a pondering idea goes through. Great ideas can be translated into reality and productized thereby #solving #significant problems, by committed teams and conscious end users who find value in the solutions. However, the prime driver for this idea transformation is money !! A start up is always boot strapped and it takes a lot of caution and conviction to raise the money required. This is also a period of acid test for the endurance of the founders - they need to stay committed and navigate through ambiguity, uncertainty and volatility. I can convincingly say that team Caleedo and their founder leadership have demonstrated this enduring ability to keep going. Caleedo products are now deployed at multiple client locations across India. I wish them continued success. Please visit www.caleedo.com for more information about the products and services. Parikshit Roy Arabinda Chakraborty Vikas Saxena

Wow, it's been quite the journey since I joined Hyperce as Chief HR Officer six months ago! ❤ Every day has been a learning experience, from leading teams to learning about various marketing strategies. As an HR professional, I must say that I have learned a great deal during my time here. Working with a large team has provided me with ample opportunities to both learn and unlearn various aspects of my role. Despite the challenges, I've found my strength and have learned to navigate any difficulties with the help of my amazing colleagues. Talking about amazing colleagues, I have to mention that the atmosphere here at Hyperce is incredible – it feels like being part of a big, supportive family. Everyone is always cheering each other on, pushing us to do our best. Whenever I feel stuck or confused, there's always someone ready to lend a hand and guide me through. But what's special are the connections I've made here. From colleagues who've become friends to mentors who've offered invaluable guidance, these relationships mean very much to me. It's amazing to be part of such a supportive team where every day brings new adventures! 🚀 I'm grateful for the journey so far and excited for what's to come. 🙌 #hypercejourney #hyperce #ecommerce #humanresourcemanagement #humanresource #hr #teamworkmakesthedreamwork #gratefulheart #learning #supportiveteam #newadventures #professionalgrowth #amazingcolleagues #ecommerce #webdevelopment #digitalmarketing #growwithhyperce

Want to show your team how much you appreciate them? We all know happy employees are amazing employees! Check out some awesome gift ideas from Royale Collections ✨ . . . . #Royalecollections #corporategifts #shopnow #corporategiftideas #employeegifts #employeerecognition #exploremore #corporategiftingcompanies #corporategiftingindia (RoyaleCollections, TeamWork, ShopNow, GiftIdeas, Explore, EmployeeRecognition, CorporateGifting)

As per a recent article by Zuha Siddiqui, "Careem introduced the Flexi Ride model in November last year (2023), allowing customers to bid for their preferred price, akin to inDrive’s bid-based model. The service, available only in Pakistan and Egypt, is Careem’s response to the growing popularity of inDrive." Post-Covid, major shifts in macroeconomic indicators impacted consumer behavior in the Pakistani middle-income social strata. Careem, a pre-Covid leader in ride-hailing, didn't adjust accordingly which has proven fatal. In 2021, InDrive emerged with a pricing feature that empowered users with fare negotiation, quickly gaining popularity. Today in 2024, Careem has 373,920 daily active users in Pakistan, whereas InDrive boasts over 2 million users, according to Data.ai. Our group at NUST analyzed Careem for a Marketing Management Semester Class by Dr Nauman Wajid in 2021, recommending a pivot in pricing dynamics and tailored product refinement. The lesson learned is that No product should be seen as Perfect, and Complacency at the Strategic level can be detrimental. Continuous innovation aligned with evolving consumer demand is crucial for longevity in the market. Change and adaptability are key in navigating the dynamic landscape of consumer expectations and economic trends. #Careem #InDrive #MarketingStrategy #ContinuousInnovation

Exciting News! 🚀 At eShipper, we're shaking up how we approach brand shipping Strategies. We're not just a logistics provider but your strategic partner in delivering exceptional brand experiences. By repositioning ourselves, we're emphasizing understanding your brand identity and tailoring our shipping solutions to seamlessly align with it. From personalized service to innovative strategies, we're here to elevate your shipping experience and make it an integral part of your brand story. Are you ready to revolutionize your approach to shipping? Let's connect and explore how eShipper can transform your shipping and leave a lasting impression on your customers. #eShipper #ShippingRevolution #BrandExperience 📦✨

Communication - The Power of Connection. On client location Giant Bicycle Cambridge. Employee Experiece #EX is paramount to high performing teams. Those that gel together, perform better. Great design, brand, product and distribution are all created by people. A cohesive team is more effective than a disconnected one. Given the skillset and abilites of any team, optimal performance comes from great communication and alignment. The employee experience dictates the customer experience. Yet the subjuctive nature and lack of understanding of this element impeeds buainesses achiving their full potential. Ambitions and goals are one thing, a highly connected and motivated team will always achieve more… always. #giantbicycle #cyclerevolution #LitwithinHX #humanperformance #brighthr #teamdevelopment