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 ...
Uber is an attractive growth investment opportunity in the vehicles and parts sector and recently received backing by Bill ...
Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...
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 ...
A bill being considered by Washington lawmakers limits the amount that ride-hail companies charge passengers to 120% of the driver's cut.
Lyft (LYFT) reported fourth quarter revenue of $1.55 billion, slightly below analyst estimates of $1.56 billion. The company ...
Uber's strong fundamentals and resilient competitive positioning amid robotaxi uncertainty suggest potential growth. Click ...
Even before the new minimum wage was enacted, rates at Uber and Lyft varied depending on supply and demand, time of day, and other factors; some drivers have learned to maximize their earnings by ...
The ride-hailing platform has been aggressively working on luring customers away from Uber through competitive pricing and ...
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
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 ...