News

GigU launched in the US on Wednesday. The controversial app aims to help Uber, Lyft, and DoorDash drivers decide which jobs ...
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...
A Tesla investor, Gary Black, expresses skepticism about the profitability of Tesla's upcoming FSD-based ride-hailing service ...
Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active ...
This adds to Uber's growing list of partners for self-driving taxi deployment as it competes with Lyft and Tesla in the ...
Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...
Uber's strong momentum suggests a 'buy-on-weakness' approach. Read more on UBER stock's mixed Q1 results, AV progress, and ...
Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as ...
Lyft’s results stand in contrast to Uber’s earnings report on Wednesday. Uber posted slower-than-expected gross bookings growth of 14% in the first quarter, citing a decline in US inbound travel. That ...
Combining Lyft and FreeNow will create a business serving more than 50mn annual riders and bolster their competition against Uber, which dominates in the US and Europe. With the acquisition ...
For example, Uber's largest US competitor, Lyft, receives a ~35% take rate on ... In a world where AV competition is fierce, outsourcing these support capabilities will be essential so ensure ...