Ride-sharing stocks got closed serving as an unusual radiant spot for tech stocks in what is otherwise an unstable day for a sector that has experienced solid growth in the previous year. Lyft's share...
The Bill and Melinda Gates Foundation Trust announced that it has sold all its shares of Chinese e-commerce giant Alibaba.According to a filing with the Securities Exchange Commission (SEC) the securi...
Appeals by Uber and Lyft were on Thursday denied, the appeal was made by both companies for an extension of the injunction given to them to classify their drivers as employees and not independent co...
On Monday, Uber and Lyft (LYFT) were ordered by Judge Ethan Schulman of the San Francisco Superior Court to stop classifying their drivers as independent contractors and instead, follow the governin...
RV manufacturer sees a surge in shipment for the month of June, as a result, the stocks of companies that make recreational vehicles (RV) are recording positive moves today. The stock of Thor In...
Uber plans to announce a tie-up with food delivery rival on MondayUber exec would still continue to run its delivery businessAccording to people who are familiar with the current development in Uber T...
With the ongoing #BlackLivesMatter movement, Black businesses and companies are beginning to experience a turnaround. The movement has revealed some of the long-buried dehumanizing experiences faced b...
There is a question always lurking in the mind of potential drivers: Uber or Lyft, which between the two pays more?The gig economy has created a unique way to earn your money. One of these ways is to ...
Multiple news outlets reported on Tuesday that Uber Technologies (UBER) has made a move towards acquiring GrubHub Inc (GRUB), an online food delivery company. Final conclusions are yet to be made as t...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...