Investors will pay close attention to how the impact of the coronavirus outbreak has hit demand of ride-hailing firms Uber and Lyft when they post […]
lyft

Lyft stock rises on cost cutting, avoids talk of profit by 2021
Lyft (NASDAQ: LYFT) stock price shot up almost 17% as the ride-hailing company dramatically narrowed losses from the year-ago quarter and revenues jumped at a […]

Uber and Lyft slump, virus hits ride sharing
Uber (NYSE: UBER) stock price plummeted in the past couple of weeks amid investor’s concerns over the coronavirus outbreak. The ride-hailing giant said it provides […]

Uber Tops Taxi-Hailing Rivals in India
Last year, the ride-hailing company, Uber, commanded about 14 million rides, making it the top ride-hailing firm with the best record last year. The firm […]

California Passes Ride-share Bill that Will Define Uber, Lyft Future
Taxi-hailing firms Uber, Lyft and their drivers have been caught in the middle of division between democrats over a ride-share bill passed by the California […]

Uber Stock Down 10%, CEO Claims A 30% Revenue Growth By End of 2019
Uber, the popular ride-sharing application, isn’t having the best of times. The company’s stock is down, it’s struggling a bit, and there’s some confusion surrounding […]

Lyft Up 8% As It Reveals Higher Rider Prices To Compete With Uber
Lyft and Uber, two competing ride-sharing apps, are in a constant fight to bring in more customers. In doing so, Lyft has recently announced that […]

Amazon.com, Inc. (AMZN) Says “NO” to Lyft, and They’re Not Alone
Amazon.com, Inc. (NASDAQ:AMZN) was one of several firms to turn down Lyft, the mobile ride-sharing app. Lyft had reportedly met with the online retail juggernaut, […]