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 ...
Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT). However, a third ...
A bill being considered by Washington lawmakers limits the amount that ride-hail companies charge passengers to 120% of the driver's cut.
The convenience of ride-hailing services comes with greater greenhouse gas emissions, air pollution, traffic congestion and ...
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 ...
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 ...
State Senate panel foresees easy path for bill to protect Uber, Lyft from product liability lawsuits
A bill to shield ride-hailing companies from product liability lawsuits earned unanimous support from a South Dakota legislative committee.
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 ...
Lyft on Tuesday forecast gross bookings below Wall Street estimates, similar to rival Uber's projection last week. Lyft's 12-month forward price-to-earnings ratio is 13.4, compared to Uber's 29.4 ...
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.
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