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ride-hailing
Lyft earnings: First look at just how bad coronavirus impact has been - Business Insider

Lyft earnings: First look at just how bad coronavirus impact has been - Business Insider

Unlike Uber, Lyft has been tight-lipped about just how bad its rides business has been hurt — and it doesn't have a food-delivery arm to ease losses.

2020-05-06

Uber and Lyft have to raise prices if they ever want to turn a profit - Business Insider

Lyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow.

2019-12-07

Lyft's newest service: Driving yourself

The ride-hailing company will now let you hail a rental car in three California cities, and give you a ride credit to get to the pickup location.

2019-09-07

Uber has lost its mojo, says early investor, but can still beat Lyft

Those remarks came from Bradley Tusk, the company's first political strategist who invested in the company in 2011, told CNBC on Monday.

2019-08-13

Uber confirms a hiring freeze in the US and Canada as the ride-hailing giant ramps up cost-cutting efforts

In July, Uber surprised 400 marketing employees with mass layoffs. Now, it's halting hiring for tech roles in the US

2019-08-12

Uber's stock just hit a record low after last week's disastrous earnings report

Shares plummeted last week following a quarterly report that fell short of investor expectations last week. The sell-off continued through Monday.

2019-08-12

Here are the biggest risks Uber's facing, according to Wall Street analysts

From not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night.

2019-08-11

Uber spent $5.2 billion in 3 months. Here's where all that money went.

A major chunk of that spending was on two things: stock-based compensation and driver rewards, both stemming from the company's IPO in May.

2019-08-09

Uber just reported massive losses that were larger than Wall Street expected — and the stock is sinking

The ride-hailing giant's total losses and revenue fell short Wall Street's expectations, and the stock was down as much as 12% after.

2019-08-08

The only company to ever beat Uber at its own game is reportedly looking to raise $2 billion to keep growing

Didi Chuxing is among China's largest tech firms, and has backers including Apple and SoftBank. Now it wants even more money to compete with Uber.

2019-07-18

Lyft deactivated a driver who later killed man while working for Uber

Lyft could be fined up to $10,000 for failing to report the driver, who has since been charged with murder.

2019-07-15

Female Uber and Lyft drivers say sexual harassment is rampant

Some women have told Business Insider they avoid driving at night because of the comments they receive from revelers.

2019-06-19

Careem's original pitch deck from 7 years before Uber acquisition

Uber is acquiring Careem in a $3.1 billion deal, it announced earlier this year. We acquired the company's original pitch deck from 2013.

2019-06-10

Uber will soon ban passengers with low ratings

Drivers have long been expected to meet minimum ratings from their passengers, Uber's head of safety brand and initiatives explained.

2019-05-29

Uber, Lyft may not become profitable from self-driving cars: MIT

Will robo-taxis actually be cheaper to operate than traditional cars? Maybe not, new research from MIT says.

2019-05-29

Ryan Graves steps down from Uber board, 2 weeks after IPO

Ryan Graves, who once served as CEO of Uber, will officially step down from the board on May 27 — just two weeks after its lackluster public offering.

2019-05-24

A scary fraction of Uber and Lyft drivers are using recalled vehicles for rides, according to a new report

One in six vehicles operating for Uber, Lyft and other ride-hailing companies has been recalled, a new study by Consumer Reports has found.

2019-05-22

Ride-hailing startup treats drivers as employees, unlike Uber and Lyft

An upstart ride-hailing firm hopes it can lure drivers by classifying them as employees — not contractors.

2019-05-17

Uber stock price no longer has edge over Lyft: Analyst

Analysts are beginning to question whether or not ride-hailing is even a good business model.

2019-05-15

Uber just scored a major victory after US government rules drivers are contractors, not employees

The ride-hailing giant has fought tooth and nail to keep drivers classified as contractors, and therefore avoiding paying benefits.

2019-05-15
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