Warren Buffett has confirmed that he has held talks with Uber, with reports saying that his company, Berkshire Hathaway, offered Uber a $3 billion investment earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business to Yandex. Get the Full Story Complete the form to unlock this article and enjoy...
Lyft, the ride-hailing company taking on Uber, announced news on Wednesday (May 23) that it is investing $100 million to provide more support for its drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lyft’s internal market share numbers shows that it now has 35 percent of the national ridesharing market, up from 20 percent 18 months ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Newly released data shows how much some users are spending on ridesharing apps like Uber and Lyft in 32 major cities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Tesla’s CEO revealed that while technology for the company’s autonomous vehicle ridesharing network will be ready by the end of next year, it’s still unclear as to when the service will actually launch. Get the Full Story Complete the form to unlock this article and...
Lyft has nearly doubled its market share, taking nine percentage points away from rival and market leader Uber. 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...
There’s been a great deal of debate over how much drivers actually earn working for companies like Uber and Lyft. Now, the latter is finally revealing what its drivers pull in per hour. Get the Full Story Complete the form to unlock this article and...
A U.S. judge in Philadelphia has ruled that limousine drivers for Uber should be considered independent contractors and not company employees under federal law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
