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 ...
Of course, if you pay with a card that doesn't charge foreign transaction fees, you're essentially giving Uber an extra 1.5% ...
Lyft (LYFT) shares are under pressure after the rideshare company posted quarterly results amid pricing pressure from Uber ...
Lyft's compliance updates add almost zero extra difficulty to the ride process, but Uber claims the rules add too much text ...
Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.
The city Taxi and Limousine Commission will hold a hearing on Feb. 5 to consider proposals that would raise pay for Uber and Lyft drivers and deal with the egregious company practice of “locking ...
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...
Lyft Inc. (NASDAQ:LYFT) is expected to report Q4 2024 earnings today, with analysts predicting 22 cents per share and $1.56 ...
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 ...
Bolt Technology OU, the Estonia-based rival to Uber Technologies Inc., is recruiting drivers ahead of launching ridehailing ...
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