Since Uber reported strong earnings last week, investors and industry watchers are now turning their attention to Uber's smaller rival, Lyft. While Uber has successfully turned its business around, achieving GAAP profits in its latest quarter, Lyft hasn't experienced the same level of success. Although both companies are benefiting from a recovery in rides activity, Uber has … [Read more...] about Lyft’s Moment in the Spotlight
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Lyft vs. Uber: The Battle for Competitive Pricing
As the competition between Lyft Inc. and Uber Technologies Inc. heats up, investors are taking note. While Uber recently boasted a quarterly GAAP profit and enjoyed a surge in its stock price, Lyft is still working to establish itself in the eyes of investors and riders alike. Lyft's newly appointed CEO, David Risher, addressed this challenge during a recent earnings call. He … [Read more...] about Lyft vs. Uber: The Battle for Competitive Pricing
