Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival ...

Uber's strong fundamentals and resilient competitive positioning amid robotaxi uncertainty suggest potential growth. Click ...

(Reuters) - Lyft shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from ...

Uber Technologies exceeded market projections in its latest earnings report, revealing robust growth despite ongoing ...

Uber Technologies Inc. has set up a waitlist for customers interested in requesting a driverless Waymo vehicle in Austin, ...

Earnings before interest, taxes, depreciation and amortization, which has now been negative at Uber Freight for nine consecutive quarters, widened to negative $22 million from negative $14 million a ...

Uber also projected bookings below estimates for the same period last week. Lyft is locked in fierce competition with Uber to attract riders, prompting it to match prices with the larger rival to ...

The ride-hailing platform has been aggressively working on luring customers and drivers onto its platform by keeping prices competitive and launching new features that differentiate it from Uber.

Uber Freight’s fourth-quarter earnings continued to show deterioration both from a year ago and sequentially from the third quarter. Gross bookings of $1.273 billion were down 0.47% from fourth ...

However, Freight's segment remained flat ... require proactive strategic adjustments to preserve Uber's market position amidst stiff competition from rivals like Amazon and smaller niche players.

Lyft's First-Quarter Bookings Forecast Pressured by Fierce Competition With Uber By Akash Sriram (Reuters) -Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles ...