Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...

This adds to Uber's growing list of partners for self-driving taxi deployment as it competes with Lyft and Tesla in the ...

GigU launched in the US on Wednesday. The controversial app aims to help Uber, Lyft, and DoorDash drivers decide which jobs are worth the pay.

Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...

Uber faces increased competition in rideshare and delivery markets, and analysts suggest a 'hold' rating for UBER stock after a sharp 34% YTD growth. See more here.

The firm faces ridehailing competition from players such as Lyft (mainly in the US), but Uber is the clearly superior network. Uber helps people get from Point A to Point B by taking ride requests ...

Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active riders grew 11% to 24.2 million, and rides surged 16% to 218.4 million, marking ...

Gross bookings, which include ride hails, delivery orders, and driver and merchant earnings but not tips, were $42.8 billion ...

A Tesla investor, Gary Black, expresses skepticism about the profitability of Tesla's upcoming FSD-based ride-hailing service ...

Lyft increased its stock buyback program to $750 million and posted a 14% rise in first-quarter revenue on Thursday, ...

Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as ...

(Reuters) -Lyft increased its stock buyback program to ... above the estimate of $92.4 million. Larger rival Uber, with a global food and grocery delivery business, offered an upbeat second ...