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GigU launched in the US on Wednesday. The controversial app aims to help Uber, Lyft, and DoorDash drivers decide which jobs ...
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...
Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...
Uber faces increased competition in rideshare and delivery markets, and analysts suggest a 'hold' rating for UBER stock after a sharp 34% YTD growth. See more here.
This adds to Uber's growing list of partners for self-driving taxi deployment as it competes with Lyft and Tesla in the ...
Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...
Uber's strong momentum suggests a 'buy-on-weakness' approach. Read more on UBER stock's mixed Q1 results, AV progress, and ...
Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active riders grew 11% to 24.2 million, and rides surged 16% to 218.4 million, marking ...
Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as ...
Lyft’s results stand in contrast to Uber’s earnings report on Wednesday. Uber posted slower-than-expected gross bookings growth of 14% in the first quarter, citing a decline in US inbound travel. That ...
Combining Lyft and FreeNow will create a business serving more than 50mn annual riders and bolster their competition against Uber, which dominates in the US and Europe. With the acquisition ...
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