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Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial …
Lyft shares tumble as investors react to dim outlook Read More
With new leadership and a soon-to-be-thinned employee base, Lyft is going to look a heck of a lot different at the end of 2023 than it did at the start. …
Honey, I shrunk the revenue multiple Read More
Careem, the Middle East-based ride-hailing company that Uber bought in 2019, is spinning out its super app business into a new startup backed with $400 million from Emirates Telecommunications Group …
Uber sells $400M stake in Careem super app business Read More
A California appeals court on Monday reversed a lower-court ruling that found Proposition 22, the ballot measure passed in November 2020 that classified Uber and Lyft drivers as independent contractors …
California court upholds Prop 22 in win for Uber, Lyft, DoorDash Read More
There’s a pretty decent chance you’ve heard of a little company called Uber. It was a Crunchies finalist back in 2011 (for Best Location Application, alongside Runkeeper, Foursquare, Airbnb and …
Pitch Deck Teardown: Uber’s $200K pre-seed deck from 2008 Read More
Ride-sharing company Uber India today announced it has partnered with India’s Tata Motors to introduce 25,000 EXPRES-T electric cars to its fleet. With this, Tata Motors will begin deliveries of …
Uber partners with Tata Motors to introduce 25,000 EVs to its fleet Read More
Uber drivers in New Zealand will be pushing for better pay and working conditions through their first-ever collective agreement with the company. Earlier this week, national trade union First Union …
New Zealand Uber drivers begin collective bargaining for first time Read More