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Uber, Lyft losses limit competition The two companies already have lost a combined $13 billion. And with no clear road to profits ahead, no one else has much of an incentive to mount a challenge.
The Hatfields and McCoys of smartphone ride services are at it again. The bitter rivalry between San Francisco's Lyft and Uber is spilling over into social-engineered hacking and a war of words in ...
Ramping competition in the autonomous vehicle market could be a blessing in disguise for Lyft, TD Cowen says. Analyst John Blackledge upgraded Lyft stock to Buy from Hold in a research note Tuesday.
Lyft’s stock has fallen 29% below its IPO price of six weeks ago, and Uber flopped in its stock market debut Friday as its shares slipped by almost 8% percent.
Competition for drivers is so great that, about a year back, Uber sent covert operatives into Lyft cars, to recruit. Stay Curious. Stay Connected.
Uber, Lyft get new competition in rideshare battle InDrive is letting drivers in South Florida take home 100% of the profits from each fare through 2023 ...
Tensions between the local taxi industry and Uber and Lyft have been high since the ride-hailing platforms began entering the New Orleans market over two years ago, offering an easy online avenue to ...
Uber's global scale, profitability, and execution make it a safer, long-term investment vs. Lyft's speculative growth ...
Uber Technologies Inc. investors are brushing aside potential threats from self-driving competition to bet that the company ...
It's notoriously been a step, if not several, ahead of the competition. In just a few years, Uber has turned into a tech powerhouse that generates $20 million per week. Meanwhile, Lyft is about to ...
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20. Strong growth despite competition.
SAN FRANCISCO >> A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers.
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