News

Uber Technologies Inc. is introducing a cheaper pooled rides option and a price-lock pass for commuters, underscoring its ...
GigU launched in the US on Wednesday. The controversial app aims to help Uber, Lyft, and DoorDash drivers decide which jobs ...
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...
Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...
Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active ...
Uber's strong momentum suggests a 'buy-on-weakness' approach. Read more on UBER stock's mixed Q1 results, AV progress, and ...
Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...
Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...
For example, Uber's largest US competitor, Lyft, receives a ~35% take rate on ... In a world where AV competition is fierce, outsourcing these support capabilities will be essential so ensure ...
Lyft’s results stand in contrast to Uber’s earnings report on Wednesday. Uber posted slower-than-expected gross bookings growth of 14% in the first quarter, citing a decline in US inbound travel. That ...
A Calgary city councillor is calling for a limit on the number of ride-share drivers operating around the city to be ...