ridesharing

Lyft Shares Fall After Company Profitability Timeline Unchanged

Lyft Shares Fall After Company Profitability Timeline Unchanged

Lyft, Inc. (NASDAQ: LYFT) announced Tuesday after market financial results for its fourth quarter and fiscal year ended December 31, 2019.The on-demand ride-sharing Company reported Q4 2019 revenue of $1,017.1 million versus $669.5 million in the fo..

Uber CEO Apologizes to London; Working on improvements

Uber CEO Apologizes to London; Working on improvements

Last Friday, Uber Technologies Inc. was stripped of its license to operate in the city of London due to the officials deeming the ride hailing service unsafe as well as practicing unregulated business activity. Uber said it would appeal the decision..