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

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% ...

The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analy...

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...

Lyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.

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

Lyft's latest move is expected to result in a charge of between $27 million and $32 million in the fourth quarter. It follows 60 job cuts e...

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

Uber’s market value of $48.6 billion underscores investors anticipate technology firms will play a key role in shaping future transportatio...

Uber is in a tricky position. Its potential ceiling is much higher than Lyft’s because Uber has spread its tentacles into many parts of the...

WeWork parent We Co. is expected to begin its roadshow as soon as next week.

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