Lyft's First-Quarter Bookings Forecast Pressured by Fierce Competition With Uber
Lyft is locked in fierce competition with Uber to attract riders, prompting it to match prices with the larger rival to grab more market share. "Our strategy is this: we price competitively and reliably, and we compete on service ... It's working and we are going to stick with it," CEO David Risher told Reuters.
How do you get to Boston's Logan Airport​? If you want to take an Uber or Lyft, it could soon cost you even more.
To raise funds for infrastructure projects, the agency that oversees Logan Airport may soon increase the surcharges it places ...
Lyft (LYFT) stock plunged 8% on Wednesday as the ride-sharing platform delivered mixed results for the fourth quarter of 2024 ...
Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.
Rider's Choice, a program that allowed Uber and Lyft to provide some NJ Transit Access Link riders, will be transitioning to ...
It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...
Susquehanna analyst Shyam Patil lowered the firm’s price target on Lyft (LYFT) to $15 from $18 and keeps a Neutral rating on the shares. The ...
Three suspects have been stealing drivers’ phones and using them to transfer themselves at least $37,000 in cash, according ...
TLC Commissioner David Do on Wednesday called the rideshare companies’ practice of freezing drivers out of the app “harmful, ...
Uber's strong fundamentals and resilient competitive positioning amid robotaxi uncertainty suggest potential growth. Click ...
Lyft's compliance updates add almost zero extra difficulty to the ride process, but Uber claims the rules add too much text ...
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