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Unlike Uber, Lyft has been tight-lipped about just how bad its rides business has been hurt — and it doesn't have a food-delivery arm to ease losses.
Lyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow.
"I don't see a happy ending to this," said Vincent Deluard, the director of global macro strategy at INTL FCStone.
The ride-hailing company will now let you hail a rental car in three California cities, and give you a ride credit to get to the pickup location.
The car-news site Jalopnik asked Uber and Lyft drivers to send in their receipts in an effort to analyze how big of a cut the companies take.
The Securities and Exchange Commission filing provides the first in-depth look at WeWork's financial results.
The Securities and Exchange Commission filing provides the first in-depth look at WeWork's financial results.
Those remarks came from Bradley Tusk, the company's first political strategist who invested in the company in 2011, told CNBC on Monday.
There's growing concern the world has hit "peak car" and a long-term decline in auto sales is about to hit. But the idea isn't supported by the data.
Lyft could be fined up to $10,000 for failing to report the driver, who has since been charged with murder.
Some women have told Business Insider they avoid driving at night because of the comments they receive from revelers.
Joy Howard, a CMO who has worked at Nike and Coca-Cola, explained why old-fashioned retail stores remain important.
The company also unveiled a brand new scooter with bigger, more rugged wheels and stronger, two-wheel brakes.
Uber rival Bolt says it has 25 million passengers, and that it has grown more sustainably than rivals.
Will robo-taxis actually be cheaper to operate than traditional cars? Maybe not, new research from MIT says.
One in six vehicles operating for Uber, Lyft and other ride-hailing companies has been recalled, a new study by Consumer Reports has found.
Nine years ago, a company called UberCab made a splash by letting you hail a car with your smartphone. That was only the beginning for Uber.
An upstart ride-hailing firm hopes it can lure drivers by classifying them as employees — not contractors.
Rent the Runway CEO Jennifer Hyman says she has always built her company with profitability in mind.
Analysts are beginning to question whether or not ride-hailing is even a good business model.