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 ...
A bill being considered by Washington lawmakers limits the amount that ride-hail companies charge passengers to 120% of the ...
Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT). However, a third ...
The convenience of ride-hailing services comes with greater greenhouse gas emissions, air pollution, traffic congestion and ...
Looking at Lyft’s peers in the consumer internet segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Uber delivered year-on-year revenue growth of 20 ...
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 ...
FEATURE Lyft stock was falling Wednesday after the ride-hailing app reported lower-than-expected gross bookings for the fourth quarter and issued mixed guidance. Shares tumbled 6.4% to $13.47. The ...
Before that, Lyft had tried to develop autonomous vehicle technology in-house, as did Uber. But both ended up selling their AV units — Uber to Aurora in December 2020, and Lyft to Toyota’s ...
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 ...