Lyft Inc. attracted fewer customers in the third quarter than Wall Street expected, but record-high ride-hailing prices sent the company to its highest quarterly revenue ever anyway, executives said Monday. Read more
Tag: rides
Lyft stock rises as riders, drivers and rides hit highest points since pandemic began
Lyft Inc. saw active riders, drivers and rides reach a COVID-19 pandemic high in the second quarter, but like the previous quarter, the numbers fell just short of meeting Wall Read more
Uber is cash-flow positive as rides, delivery and revenue beat expectations
Uber Technologies Inc. stock rose sharply premarket Tuesday as the ride-hailing and delivery giant’s revenue and forecast beat expectations, and as it reported free cash flow for the first time. Read more