Uber Rival Lyft
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Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
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Lyft Testing Earnings Algorithm to Let Drivers See Destination, Pay Details Before Accepting Request
Lyft said on Tuesday it was testing an earnings algorithm that will allow drivers in 18 US cities to see destination and pay details before accepting a request. The test follows a similar move by bigger rival Uber Technologies and underlines how the companies are going the extra mile to fix driver shortages to take advantage of a demand surge broug...
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Motional & Uber Eats Partner For Deliveries Via Robotaxis
Motional has already started a ride-sharing service with Uber's main rival Lyft.
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Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
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Uber And Lyft Take Different Roads In Search Of Profit
Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.
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Uber Loses $5 Billion, Misses Wall Street Targets Despite Easing Price War
Uber reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday.
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Lyft Sees Ride-Hailing Price War Easing, Sending Uber And Lyft Shares Up
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.
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Food Delivery, Freight And Logistics: How Uber Aims To Move Things Around The World
Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and even package delivery.
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Lyft Valued at $24.3 Billion in First Ride-Hailing IPO
Lyft's IPO sets the stage for the stock market debut of larger rival Uber, which Reuters has reported will kick off in April.
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Lyft to Seek Valuation of Over $20 Billion in Its IPO: Report
Lyft will be seeking to convince investors to make large commitments to its IPO, rather than hold out for its larger rival Uber.
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Uber Said to Plan IPO for April, on the Heels of Lyft
Uber Technologies is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.
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Slack Said to Tap Goldman Sachs to Lead IPO
Slack is among a string of Silicon Valley unicorns expected to debut in the stock market in 2019.
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Uber Confidentially Files For IPO In Tight Race With Rival Lyft: Sources
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
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Lyft Races to Leave Uber Behind by Filing for Its IPO
Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday.
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Former Tesla Executive Jon McNeill to Join Uber Rival Lyft as COO
Jon McNeill was the former president of global sales and service at Tesla, where he led all customer-facing operations.
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Uber Earned Profits in 2022 as Demands for Airport, Office Rides Increased in Post-Pandemic World
Uber Technologies said on Wednesday it would focus on delivering profits this year, after rounding off 2022 with blowout earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. The rideshare market is benefiting from a return to normal and a rise in car ownership costs, which is pushing many to opt...
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Lyft Testing Earnings Algorithm to Let Drivers See Destination, Pay Details Before Accepting Request
Lyft said on Tuesday it was testing an earnings algorithm that will allow drivers in 18 US cities to see destination and pay details before accepting a request. The test follows a similar move by bigger rival Uber Technologies and underlines how the companies are going the extra mile to fix driver shortages to take advantage of a demand surge broug...
-
Motional & Uber Eats Partner For Deliveries Via Robotaxis
Motional has already started a ride-sharing service with Uber's main rival Lyft.
-
Uber Rival Lyft Launches Meal, Grocery Delivery Service In Several U.S. Cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
-
Uber And Lyft Take Different Roads In Search Of Profit
Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.
-
Uber Loses $5 Billion, Misses Wall Street Targets Despite Easing Price War
Uber reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday.
-
Lyft Sees Ride-Hailing Price War Easing, Sending Uber And Lyft Shares Up
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.
-
Food Delivery, Freight And Logistics: How Uber Aims To Move Things Around The World
Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and even package delivery.
-
Lyft Valued at $24.3 Billion in First Ride-Hailing IPO
Lyft's IPO sets the stage for the stock market debut of larger rival Uber, which Reuters has reported will kick off in April.
-
Lyft to Seek Valuation of Over $20 Billion in Its IPO: Report
Lyft will be seeking to convince investors to make large commitments to its IPO, rather than hold out for its larger rival Uber.
-
Uber Said to Plan IPO for April, on the Heels of Lyft
Uber Technologies is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.
-
Slack Said to Tap Goldman Sachs to Lead IPO
Slack is among a string of Silicon Valley unicorns expected to debut in the stock market in 2019.
-
Uber Confidentially Files For IPO In Tight Race With Rival Lyft: Sources
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
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Lyft Races to Leave Uber Behind by Filing for Its IPO
Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday.
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Former Tesla Executive Jon McNeill to Join Uber Rival Lyft as COO
Jon McNeill was the former president of global sales and service at Tesla, where he led all customer-facing operations.
