How Uber left Lyft in the dust

12:22pm, Wednesday, 29'th Mar 2023
For years, Lyft positioned itself as the "nice guy" in the ride-hailing industry. It let rival Uber do most of the dirty work fighting regulators and the taxi industry to create a path for a new crop

Uber CEO's pay rose to $24 million last year

05:44pm, Tuesday, 28'th Mar 2023
Uber Technologies Inc. Chief Executive Dara Khosrowshahi's total compensation last year rose 22% to $24.3 million, the company disclosed Tuesday.
Aiming to gain greater control over the digital restaurant market, Uber is rethinking ghost kitchens. The company announced Tuesday (March 28) the launch of its Certified Virtual Restaurant Program, t
Uber Eats plans to take down thousands of listings for online-only brands. WSJ restaurants reporter Heather Haddon joins host Zoe Thomas to discuss how so many of these brands emerged and how Uber's d

Lyft CEO Wants to Compete With Uber on Fares

02:02pm, Tuesday, 28'th Mar 2023
The new Lyft CEO David Risher talks about competing on price with Uber, possible plans to expand to Europe, moving beyond ride sharing, and he says the company is not for sale. He's on "Bloomberg Tech
Lyft could use a lift. At this writing, the company's shares are trading at a bit over $9.60, well off recent peaks of more than $17.
RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss Lyft's decision to appoint former Amazon retail exec David Risher as the rides
After the Nasdaq-100 index plunged 33% last year, Wall Street analysts entered 2023 on a cautious footing. Nonetheless, some analysts continue to find quality stocks with significant upside potential.
Lyft Inc.'s incoming Chief Executive David Risher looks at the ride-hailing company's competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he said in an in
Uber Eats announced plans to remove thousands of online-only brands from its app in a crackdown on restaurants listing their menu under multiple brand names, according to reports.  These virtual “g
Based on the average brokerage recommendation (ABR), Uber (UBER) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this hig
Uber Eats is reportedly removing thousands of virtual brands it says have cluttered its platform. Company officials told The Wall Street Journal (WSJ) Monday (March 27) that these brands — delivery

Uber Technologies Is A Buy. Lyft Not So Much

03:14am, Wednesday, 22'nd Mar 2023
Uber's management team is likely more competent than its counterpart at Lyft. Uber's mobility division growth rate far surpassed Lyft's growth rate during the pandemic.
A lawsuit against AB5 brought by Uber, Postmates and two of their gig drivers failed in a lower federal court in California in 2020 but has been partially revived on appeal. And it appears that the pr
Uber, Lyft trade group Flex Association requested nominated DOL Secretary Julie Su to explain her stance on worker-classification rules.
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