A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last year, according to Second Measure, Lyft’s grew 32 percent — two times faster than Uber. Get the Full Story Complete...
To provide families with access to groceries in Washington, D.C., Lyft is teaming up with nonprofit Martha’s Table for its Grocery Access Program. The ridesharing company will provide discounted rides to families living in two of the city’s neighborhoods to and from the supermarket, according...
Uber is moving ahead with its initial public offering, filing paperwork with the Securities and Exchange Commission in the U.S. last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Lyft is tapping into the stock market through an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the new rules on payments are a bit complicated. And while it is also clear that those pay rules will have...
Uber may be exiting some international markets — but when it comes to India, the ride-hailing company is staying put. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Uber, the ride-hailing company, could make an acquisition to boost its e-scooter business, reported Engadget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on rival Grab. According to Bloomberg, sources said GO-JEK’s beta app will be available to a limited number of consumers before it expands to...
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has a limited future, given the rise of ridesharing, autonomous vehicle (AV) technology and the so-called sharing economy. Get the Full...
