Statement: ‘Protecting these workers from unfair, deceptive, and anticompetitive practices is a priority’
Lyft has created a media business unit that will target advertising revenue in vehicles, some of which could be shared with drivers.
Ride-hailing giant Lyft reported earnings for the second quarter after the bell Thursday.
In its earnings report for Q4 2021 and FY2021, Uber revealed that its delivery segment once again brought in more revenue than its core mobility business.
The ride-hailing giant has struggled to turn a profit over the years, but that finally changed in 2021.
Q3 2021 marked the first adjusted EBITDA-profitable quarter in Uber’s publicly traded history and the second in a row for Lyft.
After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.
Uber is partnering with EV charging company Wallbox to offer discounted charging units for drivers in the San Francisco area under a pilot program.
The proposed $1 trillion infrastructure package includes a provision that would study the potential for a “driving tax” of 8 cents per mile.
Self-driving technology company Aurora said it will deploy a Toyota Sienna autonomous vehicle in rideshare service in the next six months.
