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Whereas Uber has multiple businesses such as ride-sharing and food delivery, Lyft focuses on just U.S. ride-sharing. According to Statista, that's about a $60 billion market and growing. Lyft has some ...
"Fewer than ten" Waymo cars are operating in Manhattan and "parts of Downtown Brooklyn," a company spokesperson told Crain's.
If you can't beat them, join them. That, it seems, is a key part of the strategy for Uber Technologies (UBER) as the company faces a burgeoning roster of competitors in the autonomous vehicle (AV) ...
Pershing Square Capital Management's billionaire chief has sold most of his fund's stake in Chipotle over seven years, and is ...
Uber shares have rallied 60% to a record this year as partnerships with robotaxi startups like Alphabet Inc.’s Waymo and ...
ML Car Service Ltd. acquired the phone number of the beloved Maxwell Taxi Cab. Co. at the end of April. ML's CEO is ...
Grist reports Uber’s new Route Share program resembles buses, raising concerns about its impact on transit systems and the ...
Uber's global scale, profitability, and execution make it a safer, long-term investment vs. Lyft's speculative growth potential. See a comparison of UBER & LYFT here.
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.
Uber has agreed to support statewide legislation that would give drivers union rights but keep them classified as independent contractors, a union alliance said.
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.
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock.