Uber is shifting into a new gear in Austin, Texas where its ride-hailing service will begin dispatching self-driving cars to ...
Elvert Barnes photo via Creative Commons. After a big sporting event or arena concert, fans flood city streets in search of a Lyft or Uber ride. To help meet demand, ride-hailing companies tack on ...
Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT ... long-term growth, it’s no surprise that investors are clamoring ...
"Drivers operate independently and Uber’s role is limited to connecting riders with drivers... No trip level commission is charged to drivers. Uber only provides the platform," the ride-hailing ...
Uber users alert: Uber, the US-based ride-hailing service provider, has announced some major changes in its operational model for India. According to the company, it has shifted to a SaaS ...
Uber Technologies Inc. and Lyft Inc. risk a dropoff in demand if rideshare prices continue to increase beyond current levels, according to a report released Tuesday. The median price of an Uber ...
Additionally, Uber will no longer levy cancellation charges on riders. While Uber will suggest a fare for trips, the final amount will ultimately be decided by the driver and the passenger.
(Bloomberg) -- The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock.
(Reuters) - Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by ...
Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.
In a statement, Lyft said there is no problem with drivers taking on other gigs, since they are independent contractors. Uber has a mirroring policy, stating, “Drivers are independent ...
Ride-hailing drivers in Mass. moving to unionize under new law From 2019: No More Curbside Pickups And Drop-Offs For Uber And Lyft At Logan Airport WBUR Today: Boston’s Morning Newsletter Nik ...