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Corrie White Tuesday, August 20, 2019

Is Uber’s “forward looking” too hazy for investors?

Since Uber went public in May 2019, journalists and analysts have sharpened their skepticism regarding the viability of the company’s sweeping ambition and future-reliant success. A 23 percent drop in the company’s stock shares (as of August 19) and its second quarter loss of $5 billion, mostly due to stock-based compensation, cause investors to wonder […]

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Joanna Marsh Wednesday, May 8, 2019

Lyft eyes broader stake in consumer transportation 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 […]

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