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Lyft said it would turn a profit by the end of 2021, one year earlier than expected. Bloomberg reported that the news pushed the ride- ..read more
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Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company. Reuters ..read more
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A new study from the National Bureau of Economic Research (NEBR) shows that the majority of Uber riders don’t tip their drivers. The ..read more
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Ride-hailing companies Uber and Lyft decided not to attend a U.S. House of Representatives meeting on subjects affecting the industry, ..read more
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The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and ..read more
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Lyft has filed a lawsuit against New York City over a mandate limiting the time its drivers are allowed to spend cruising in Manhattan ..read more
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The head of the U.S. House of Representatives Transportation and Infrastructure Committee wrote letters to the CEO’s of both Lyft and ..read more
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Lyft has filed a lawsuit against New York City over a mandate limiting the time its drivers are allowed to spend cruising in Manhattan ..read more
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Drivers can’t make ends meet. Given the median income of roughly $25,000 a year and the number of hours required behind the wheel to ..read more
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Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed ..read more

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