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LYFT RIDE PRICES
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumblingThe forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and ex...
Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with BaiduUber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ri...
Uber, Lyft to test Baidu robotaxis in UK from next yearIt highlights how ride-hailing platforms are accelerating autonomous rollout through partnerships, positioning London as an early proving g...
Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
Lyft beats third-quarter estimates, bookings underperform rival UberGross bookings, which is a metric Lyft started disclosing in the third quarter measuring total transaction value on its platform, grew 15% ...
Lyft's gains from price cuts not enough to dent Uber's US leadThe 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...
Minneapolis advances measure for minimum wage to Uber and Lyft driversUnder the measure, drivers would be paid at least $1.40 per mile and $0.51 per minute, or $5, whichever is greater. The rule would only app...
Lyft to display ads in app in effort to boost revenueThe move will help Lyft, whose business is completely dependent on ride-hailing. Its larger rival Uber Technologies has a more mature adver...
Uber shares fall as fears over Lyft's pricing eclipse first operating profitUber reported second-quarter revenue of $9.23 billion, missing analysts' estimates of $9.33 billion, according to Refinitiv IBES data, as a...
Lyft is considering strategic options for bike, scooter unitThe company said it has received strong inbound interest in its bike-and scooter-sharing unit and that “it’s only logical for Lyft to liste...
Lyft employees told to return to office as new CEO lays out visionOn Friday, David Risher, the company's new CEO, told employees in an all-hands meeting that they would be required to come back into the of...
Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
Lyft hikes service fee for rides as insurance costs riseThe increase averages less than 50 cents per trip nationally, a Lyft spokesperson said. The company pays for drivers' insurance when they a...
For Uber and Lyft, the rideshare bubble burstsUber and Lyft are correct that they offer a useful service, including food delivery to the homebound, an alternative to drunken driving and...
Lyft shares hit record low, piling pressure on Uber ahead of IPOLyft lost $1.1 billion for the March quarter, the company said on Tuesday.
Uber is said to seek about $10 billion in year's biggest IPOUber submitted its IPO filing to the SEC confidentially on December 6, the same day that Lyft Inc. announced that it had made its confident...
Lyft filing could kick off cavalcade of high-profile tech IPOsJust as Lyft beat Uber Technologies Inc. to the idea that regular people could use their cars to charge for rides, it now looks set to beat...
Uber won’t pay more than $2 billion for ride-hailing rival LyftLyft has been working with Qatalyst Partners to solicit interest from potential acquirers, people familiar with the matter said.
Uber won't pay above $2 billion for LyftCompetition between Uber and Lyft has made rides more affordable for Americans. Lyft has managed to claw market share away from Uber in maj...