Uber Technologies Inc. and Lyft Inc. risk a dropoff in demand if rideshare prices continue to increase beyond current levels, ...
A bill being considered by Washington lawmakers limits the amount that ride-hail companies charge passengers to 120% of the ...
Ride-hailing drivers for Uber and Lyft are forming cooperatives as many try to increase their earnings and fight for ...
Lyft shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year ...
Besides Lyft's lackluster bookings guidance, Wall Street is likely all too aware of the competitive dynamics that favor Uber (UBER ... particularly if supply is concentrated amongst a small ...
However, he adds, "At the end of the day, this is a marketplace with a demand–supply balance that Lyft and Uber have to ...
Drivers for Lyft and Uber are creating cooperatives - or co-ops - to combat lost wages aligned with company, state and city ...
In contrast, Uber said last week that ... Bernstein analysts said in a note. Lyft said it had the flexibility to adjust incentives to balance supply and demand in the marketplace since it had ...