Total revenue rose 14% to $11.53 billion in the first quarter, slightly below analysts' expectations of $11.62 billion, according to data c...

Uber Technologies forecast current-quarter bookings below Wall Street estimates on Wednesday, joining a slew of U.S. companies in warning t...

Uber's Q1 bookings forecast fell short of Wall Street expectations, citing a strong dollar impact. However, the company surpassed Q4 revenu...

Bookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and fell sho...

Shares of Lyft fell 16% due to a disappointing summer forecast, sparking concerns it is losing market share to Uber. Despite reporting bett...

Uber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, send...

The report suggests that Uber's growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery b...

Uber projects lower second-quarter gross bookings due to ride-share and food delivery challenges, exceeding core profit expectations. Lyft ...

Gross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...

Uber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...

Uber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain it...

The change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertake...

Chief Executive Officer Dara Khosrowshahi said the company was now focused on achieving profitability on a GAAP basis this year.

Uber, however, is also aiming to scale back hiring and reduce expenses to expand profitability amid macroeconomic uncertainties, with Khosr...

"We had the majority of new drivers come in organically ... There is a tailwind as more and more people are enjoying this supplemental inco...

The California-based company reported Ebitda of $8 million for the quarter ended September 30. That compared to a loss on the same basis of...

Lyft lost $1.1 billion for the March quarter, the company said on Tuesday.