Uber has rolled out a series of products designed to help customers save money. “We’re hearing it more and more these days — life just feels like a lot. Too complicated. Too uncertain. And above all, too expensive,” the tech giant said in its Wednesday (May...
Uber’s membership program continues to drive cross-selling activities across the company’s platform, a nod to the movement toward its app as a digital front door to a host of everyday activities. But investors sent the shares 4% lower at the start of trading on Wednesday...
Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company’s board of directors and address Lyft’s “governance and capital...
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Surge pricing, which the rideshare company calls Prime Time or PT, balances supply and demand by raising prices when demand is high, thereby...
May 08, 2024
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves apt for online platforms, for the digital age. Uber and […]
February 15, 2024
The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility and autonomy. However, complex gig...
February 14, 2024
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching...
August 11, 2020
For gig-economy companies, is it time to make way for the third way? As reported Monday, Uber CEO Dara Khosrowshahi wrote in a New York Times op/ed that gig-economy companies like his...
May 15, 2025
Uber has revealed new details about its six-week-old partnership with restaurant booking platform OpenTable. The two companies announced their partnership in late March, and Uber revealed on Wednesday (May 14) that OpenTable would begin powering reservations via the Uber Eats app. The company shared more information about this arrangement with Bloomberg News. “For us at Uber […]
May 14, 2025
Uber has rolled out a series of products designed to help customers save money. “We’re hearing it more and more these days — life just feels like a lot. Too complicated....
April 29, 2025
Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect...
April 25, 2025
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Surge pricing, which the rideshare company calls Prime...
