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 ...

The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according ...

The convenience of ride-hailing services comes with greater greenhouse gas emissions, air pollution, traffic congestion and ...

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 ...

Uber and Lyft rides to and from Boston's Logan Airport could get more expensive under a Massport proposal to hike fees up to ...

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 ...

(Bloomberg) -- 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 ...

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 ... 104.1 million. Sign up here.

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.

Lyft's First-Quarter Bookings Forecast Pressured by Fierce Competition With Uber By Akash Sriram (Reuters) -Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles ...

If the new rules went into effect, Golden said, Lyft would “have to remove the equivalent of over 1,200 full-time drivers to maintain 2024 utilization rates.” Josh Gold, a spokesman for ...