The median price of an Uber and Lyft ride in the U.S. rose 7.2% in 2024 and the rideshare companies risk a dropoff in demand ...

The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according ...

(Bloomberg) -- Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched ...

Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.

Besides Lyft's lackluster bookings guidance, Wall Street is likely all too aware of the competitive dynamics that favor Uber (UBER). “This raises a larger question regarding LYFT’s long-term ...

Lyft on Tuesday forecast gross bookings below Wall Street estimates, similar to rival Uber's projection last week. Lyft's 12-month forward price-to-earnings ratio is 13.4, compared to Uber's 29.4 ...

If the new rules went into effect, Golden said, Lyft would “have to remove the equivalent of over 1,200 full-time drivers to maintain 2024 utilization rates.” Josh Gold, a spokesman for ...

Lyft said it was expecting gross bookings between $4.05 billion and $4.20 billion in the first quarter, below estimates of $4.26 billion. Uber also projected ... 104.1 million. Sign up here.