Ridesharing has become a highly lucrative fintech niche occupied by two big names: Uber Technologies (UBER) and Lyft (LYFT).
This week on the GeekWire Podcast, we discuss Microsoft's quantum breakthrough; a Washington state bill that targets Uber and Lyft surge pricing; the ...
Uber is an attractive growth investment opportunity in the vehicles and parts sector and recently received backing by Bill ...
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 ...
For ridehailing company Uber Technologies (UBER), staying ahead of the game involves some creative thinking. And some recent moves suggest that ...
Lyft is locked in fierce competition with Uber to attract riders ... recorded its first full year of positive free cash flow and profit in 2024. Its adjusted profit for the fourth quarter was ...
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 ...
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 ...
San Franciso-based Lyft (NASDAQ:LYFT) earned a profit of $0.06 per share last quarter ... However, similar to Uber (UBER) results last week, Lyft (LYFT) expects a softer quarter as a calendar ...
Lyft Inc. issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies Inc. citing impact from the extreme winter weather and LA ...
Lyft, Uber’s top rival, has taken a similar approach ... But for now, robot taxis are more costly than they are profitable and require an enormous amount of capital to develop.