Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
February 14, 2024  |  Ridesharing

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...

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Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
February 13, 2024  |  Earnings

Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. For full-year 2023, the rideshare platform...

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Uber’s Monthly Active Platform Consumer Roster Grows 15%
Uber’s Monthly Active Platform Consumer Roster Grows 15%
February 07, 2024  |  Earnings

Uber Technologies’ most recent fourth-quarter results, released Wednesday (Feb. 7), show increased cross-selling among members taking advantage of mobility and delivery, and increased use of...

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Lyft Guarantees Rideshare Drivers 70% or More of Fare
Lyft Guarantees Rideshare Drivers 70% or More of Fare
February 06, 2024  |  Ridesharing

Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key...

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Uber: White House Gig Worker Rule Won’t Impact Us
Uber: White House Gig Worker Rule Won’t Impact Us
January 09, 2024  |  Gig Economy

Uber says a proposed Biden administration rule change for gig workers will not affect its operations. The Department of Labor’s proposal makes it tougher for companies to...

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Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
December 29, 2023  |  Ridesharing

While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura...

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Uber Shares Climb 5% as Company Secures Spot in S&P 500
Uber Shares Climb 5% as Company Secures Spot in S&P 500
December 04, 2023  |  Stock Index

Ride-hailing giant Uber recorded a 5% increase in its shares Monday (Dec. 4), following the news that it was chosen to join the S&P 500....

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Uber Expands Safety and Earning Features on Driver App
Uber Expands Safety and Earning Features on Driver App
November 13, 2023  |  Ridesharing

Uber is adding several features related to safety, navigation and earning to its app for drivers. “Today we’re announcing improvements to the Uber Driver app,...

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Lyft Doubles Down on Rides as Uber Focuses on Growing Memberships
Lyft Doubles Down on Rides as Uber Focuses on Growing Memberships
November 10, 2023  |  Ridesharing

It’s commonplace to mention Uber and Lyft in the same breath in any conversation about the great travel snapback. As earnings reports through the past...

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