Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT).
drivers for Lyft and Uber are creating ride-hailing cooperatives and apps to make up for the lost wages, Business Insider reported. Cooperatives are non-profit business models that some drivers ...
Lyft is now GAAP profitable and delivering solid growth. The company is outperforming Uber in a number of key customer metrics. Its growth prospects look bright. Lyft just reported fourth-quarter ...
Shares of rival Uber (NYSE:UBER) were also down more than 1%. In their post-earnings comments, RBC Capital Markets analysts described the Lyft's Q4 as "somewhat challenging." "Positively ...
Uber and Lyft drivers said they occasionally run errands in the toll zone while off duty because their vehicles don't get ...
For ridehailing company Uber Technologies (UBER), staying ahead of the game involves some creative thinking. And some recent moves suggest that ...
Lyft generates the highest revenue per ... Uber’s transition from a high-burn-rate startup to a profitable, cash-generating business. Uber has diversified segments that contribute to revenue.
Uber's projection for adjusted core profit and gross bookings for the first ... platform's revenue in the fourth-quarter beat estimates. Rival Lyft (LYFT.O), opens new tab has been aggressively ...
A group of Minnesota ride-hailing service drivers is now pushing for the right to unionize after winning a minimum wage ...
Not a lot of stocks can be bought for less than $20, and many sub-$20 stocks are best avoided by most investors. However, there are some good buys under $20 a share, if you know where to look and ...
Uber's projection for adjusted core profit and gross bookings for the first ... CFO Prashanth Mahendra-Rajah said in a call with analysts. Rival Lyft has been aggressively working on luring ...