Uber's food delivery business revenues could more than double this year, but is that enough to offset ride-hailing declines? Would acquiring Grubhub help or hurt?
Lyft stock jumped this week after the ride-sharing company revised its outlook as riders slowly return.
Grubhub is reportedly seeking a breakup fee as regulators eye merger talks with Uber.
A class-action lawsuit was filed against Lyft by a former driver in Washington, D.C., contending that the company is contributing to the spread of COVID-19 by its failure to provide paid time…
Uber is scrapping surplus bikes after selling Jump to Lime even as people are looking for transportation alternatives because of the coronavirus.
Struggling to survive, ride-sharing companies face a potential new threat: Amazon.
Amazon is reportedly in talks to buy the autonomous mobility company Zoox as it looks to automation to cut warehousing and shipping costs.
Layoffs in India mark the latest step in Uber's cost-cutting and capital management strategy. But the ride-hailing service also faces legal troubles in California, New York and other states.
Lyft has been lagging Uber and the S&P index, and a California ballot initiative could be bearish for it and other ride-hailing stocks.
Analysts like Lyft but it’s battling states over driver classification and the coronavirus has hit ridership hard.
Uber is eyeing food delivery rival Grubhub as the coronavirus hits ride sharing, but regulators are signalling concerns about such a deal.
Investors see this San Francisco-based ride-hailing firm as a good stock to own as the U.S. economy begins to reopen from the lockdowns caused by the COVID-19 pandemic. Will AB5 change that?
Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
Uber is reportedly in talks to buy Grubhub. The coronavirus lockdown is boosting the food delivery business, but that could also raise the regulatory bar for a deal.
