Airports feared losing revenue to Uber and Lyft. Here’s what happened

Airport officials were understandably nervous when Ub.....»»

Uber Misses Revenue, Burns Another $454MM Despite Continued Growth In Delivery Uber had its work cut out for it reporting earnings one day after Lyft's blowout earnings report,.....»»

Lyft's business has been hit harder by the pandemic than rival Uber, which has offset losses with its food-delivery business. Lyft went public in March 2019 at a price of $72 per share. Mario Tama/Getty Images Lyft on Tuesday reported $569.9 mi.....»»

Uber Slides As Company Continues To Burn Cash, "Eats" EBITDA Drops Despite Soaring Revenue While Lyft impressed investors with its Q1 earnings beat, w.....»»

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability......»»

Lyft reported earnings amid ongoing intense competition from its rideshare rival, Uber, which controls a larger share of the market......»»

Lyft reported earnings amid ongoing intense competition from its rideshare rival, Uber, which controls a larger share of the market......»»

Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around......»»

Uber Technologies, Inc. (NYSE: UBER) crushed expectations for fourth-quarter earnings, while losing less per share than expected. 0 read more.....»»

Yellow cab operators are crying "no fare" over a bill that would allow Uber and Lyft vehicles to carry rooftop advertisement — prospectively draining yet another revenue source from traditional... To view the full story, click the title link......»»

Mattress and sleep accessories company is going public on the NYSE, but it needs to convince investors it’s not just another Uber, Lyft or gulp, WeWork......»»

Uber CEO Dara Khosrowshahi predicted Monday the money-losing ride-hailing company will achieve an adjusted-earnings profit in 2021. Khosrowshahi made the statement during Uber’s third quarter earnings call. Uber (NYSE: UBER) reported revenue of.....»»

Uber is still losing vast sums despite rising revenue.....»»

Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that listed their shares this year in hyped-up IPOs......»»

Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that went public this year......»»

Ride-hailing company Lyft Inc blew past Wall Street estimates for third-quarter revenue on Wednesday, but promotional costs rose as it battled Uber Technologies Inc to attract more customers......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Ride hailing apps are in an overhaul season. On September 26, two days after Lyft announced .....»»

Money losing unicorns are falling out of favor with investors. The dismal performances of Uber, Lyft and Slack after they debuted on Wall Street earlier this year could be a sign that the appetite for unprofitable companies is waning......»»

Money losing unicorns are falling out of favor with investors. The dismal performances of Uber, Lyft and Slack after they debuted on Wall Street earlier this year could be a sign that the appetite for unprofitable companies is waning......»»