Ride-hailing drivers for Uber and Lyft are forming cooperatives as many try to increase their earnings and fight for ...
Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT).
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 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 ...
Just over a year ago I predicted that the Charleston Area Regional Transportation Authority's finances could take a hit after people learned about the discounted Uber and Lyft rides CARTA was ...
The U.S. Federal Trade Commission (FTC) is investigating whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit the earnings of their drivers in New York City. The scrutiny follows an ...
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 ...
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 ...
(Reuters) -Lyft (LYFT) forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies, while wildfires and extreme weather ...
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.
Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.