Lyft's first-quarter bookings forecast pressured by fierce competition with Uber
Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies , while wildfires and extreme weather events disrupted its business in some key markets.
Lyft Stock Is Tumbling. Bookings Were Weak and So Was Guidance.
FEATURE Lyft stock was falling Wednesday after the ride-hailing app reported lower-than-expected gross bookings for the fourth quarter and issued mixed guidance. Shares tumbled 6.4% to $13.47. The decline came after Lyft reported revenue of $1.
One issue for Lyft is a downturn in pricing trends, which numerous analysts keyed in on as they looked to make sense of the ...
U.S. ride-hailing firm Lyft plans to launch "as soon as 2026" fully autonomous robotaxis in Dallas, powered by Mobileye's ...
Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, ...
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...
Pretty soon, you'll be able to get a lift without a Lyft driver. Lyft has announced it will start using autonomous vehicles.
Lyft's Q4 earnings were solid, with the company generating strong growth. The guidance was fairly soft, though. Read why I ...
Lyft CEO David Risher said in an X post that the rideshare giant will roll out autonomous rides in Dallas as soon as 2026.
Ride-hailing platform Lyft (LYFT) has partnered with Mobileye (MBLY), an autonomous driving technology provider, to launch ...
With Tuesday’s snow storm, the Virginia Department of Transportation (VDOT) has urged drivers to stay off the roads until the ...
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