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The U.S. Federal Trade Commission (FTC) is investigating whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit the earnings of their drivers in New York City. The scrutiny follows an ...

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Bernstein analyst Nikhil Devnani maintained a Hold rating on Lyft (LYFT – Research Report) yesterday and set a price target of $18.00. The company’s shares closed yesterday at $13.56.

Lyft’s partnerships with nascent autonomous vehicle companies like May Mobility, Mobileye, and Nexar keep the door open for more advantageous AV partnerships soon. Lyft’s core userbase growth ...

In 3Q24, LYFT generated $1.52 billion in revenues, posting a growth of 31.52% y/y and 6.06% q/q. Net margin improved to -0.79% while FCF increased by 70% q/q. Strategic partnerships and ...

Lyft Black XL, Lux and Lux Black rides (excluding taxes, fees, tolls and tips) 2 points per U.S. dollar spent on Lyft shared rides (excluding taxes, fees, tolls and tips) However, you can only earn ...

Drivers of cabs and ride hailing services like Uber and Lyft, who work as much as 12 hours a day, struggle to take a comfort break. © 2024 Fortune Media IP Limited ...

Launched three years after Uber, Lyft was originally a long-distance car-pooling business, launched by Logan Green and John Zimmer. While Zimride, named after the transportation culture in Zimbabwe ...