Lyft Creates Media Division to Expand Its Advertising Services
Lyft Inc.
has formed Lyft Media, a new business unit consolidating and expanding the advertising offerings at the ride-hailing company.The news comes more than…
Browsing Tag
Taxi/Limousine Service
Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s
UBER -4.65%
revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused by…
Lyft Shares Plunge on Weak Earnings Outlook
Lyft Inc.
LYFT -2.35%
said it would invest in the current quarter to ensure adequate driver supply and grow its ride-hailing platform,…
Uber Imposes New Customer Fees to Offset Gas Prices
Uber
UBER 1.15%
Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to…
WSJ News Exclusive | Uber, Lyft and Others Launch Campaign to Head Off Unions
The companies, which also include
DoorDash Inc.,
DASH -11.13%
Grubhub Inc. and several others, plan to run TV and internet ads in the…
Grab’s Stock Plunge Shows the Perils of SPAC Mergers
Grab Holdings Ltd.
GRAB 2.44%
, the Southeast Asian superapp that set a high watermark for SPAC mergers last year, has quickly become one…
Cruise CFO Works to Finalize Cost Structure for Robotaxi Venture
Cruise finance chief
Bill Nash
said he is learning from other ride-hailing companies as he works to finalize the cost structure of his company’s robotaxi…
Uber Fourth-Quarter Revenue Jumps as Customers Go Out, Keep Ordering In
Uber Technologies Inc.’s
UBER 4.83%
revenue climbed 83% in the last quarter of 2021, helped by a recovery in its…
Uber, Lyft Drivers Want More Protection as Rising Crime Keeps Many Off the Roads
Lyft driver Lamont Liner thought he was picking up a regular fare in Chicago late last year. Instead, his passengers pulled out a pistol and stole his car and phone. He hasn’t returned to…
Lyft Poaches Amazon Executive to Lead Its Finances
Lyft Inc.
poached an
Amazon.com Inc.
executive to become its next finance chief, a change in the…