Lyft's first-quarter bookings forecast pressured by fierce competition with Uber
Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies , while wildfires and extreme weather events disrupted its business in some key markets.
American Transit, which insures taxi company and Uber and Lyft drivers, announced on January 27 that over 141 of the 186 ...
THEN THE UBER DRIVER PULLED AWAY AND IT’S FEDERAL LAW. THAT AND UBER’S POLICY AND ALL THE OTHER POLICIES FOR LYFT AND ALL THE OTHER SERVICES THAT THEY MUST TAKE A CERTIFIED SERVICE DOG IN THE ...
It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...
Uber sold off following its fourth-quarter earnings report last week even as the company delivered strong results on the top and bottom lines. Guidance was solid as well, but it was just below analyst ...
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 and Anthropic are teaming up to bring AI powered apps and tools to Lyft products. The announcement comes months after rival company Uber announced a similar deal with OpenAI. The companies ...
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