Lyft

Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.

Bill would require DOT to make assault and harassment incidents publicly available.

Ballot initiatives included a tax on ride-sharing companies in San Francisco.

Uber Freight sees loads more than double on a year-over-year basis, but the division’s losses increased as well. Investors will now likely mull over these results as the company’s stock lock-up expiration approaches.

Ben Thrower’s commentary on whether we are approaching “peak car” will make you think about the present and the future…

Like Lyft, Uber is also decentralizing car-sharing in an effort to defy categories and shift user perception.

Imagine if Uber and public transit had a baby.

Lyft wants to be a one-stop-shop for all urban transit options, which might turn Google Maps into more of a competitor than Uber.

Barclays and Macquarie estimated that the companies will spend an extra $2,000 to $3,600 per driver annually.

Uber’s second quarter as a public company saw a loss much worse than the consensus estimate. Revenue increased significantly at Uber Freight, so did the losses.

Lyft reported revenue well ahead of estimates and commented that continued improvement in market conditions, which may mean lower rider discounts and an easing competitive landscape, prompted the improvement in guidance.

Portland is the first airport in the country to use the technology, which aims to relieve congestion in the airport arrival zone.

Operating cost savings at stake as company deals with IPO expectations

Market expert Brian Aoaeh explains why all of us should be rooting for Uber, Lyft and other startups. Read why!

The study leverages the treasure trove of data Uber and Lyft possess showing where and when people are traveling.

After a decade of disrupting urban mobility, Uber finally opens up for its initial public offering (IPO) at the NYSE on May 10.

U.S.-China trade tariffs war is heating up; Asian oil importers have not stopped importing oil from Iran; Uber has a staunch rival in Ola across the Indian market.

The partnership between ride-sharing company Lyft (NYSE: LYFT) and Google-affiliated, self-driving car technology company Waymo is just one initiative in Lyft’s strategy to stake a claim in the emerging market for on-demand consumer transportation services, company officials said on May 7. Lyft confirmed Waymo’s announcement that Waymo will use Lyft’s platform to deploy 10 self-driving […]

Ride-hailing company Lyft (NYSE: LYFT) reported a first quarter 2019 net loss of $1.14 billion, or a net loss of $48.53 per share, the company said on May 7. In comparison, Lyft said it had a net loss of $234.3 million, or a net loss of $11.69 per share, in the first quarter of 2018. […]

Uber and Lyft drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning a “National Day of Action” and has been joined in its efforts by the New York Taxi Workers Alliance (NYTWA), which represents 21,000 yellow taxi, […]