Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT). However, a third ...
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according ...
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, Uber’s biggest rival in the U.S., launched ... In 2018, the company debuted “Ride Pass,” a $14.99 monthly plan that gave riders cheaper prices on unlimited rides.
The convenience of ride-hailing services comes with greater greenhouse gas emissions, air pollution, traffic congestion and ...
Fortunately, as the popularity of ride-hailing apps like Uber and Lyft has skyrocketed over the last decade, many credit card issuers have met cardholders with additional rewards for these ...
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 bookings below estimates for the same ...
It could soon cost more to ride Uber and Lyft to and from Logan International Airport as the Massachusetts Port Authority considers an increase to the airport fees it charges ride-hailing companies.
as it lowered prices to stay competitive with rivals like Uber Technologies Inc. Lyft (LYFT) said it expected first-quarter gross bookings, which measure what the company charges customers for ...
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