Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses.
Lyft officials told investors they had raised prices on routes in some cities in June and touted the company’s upcoming pricing algorithms, which they hinted might be able to more precisely predict what riders might be willing to pay for a ride. 
Lyft said those pricing changes would boost revenue per rider by next quarter. Uber CEO Dara Khosrowshahi said that his company’s rivalry with the other big San Francisco–based ride-hailing company had cooled—for now. “We and Lyft are big-time competitors here and have been for some period of time, but for now we’re seeing, generally, category positions that are stable,” he told investors Thursday. “We are focused on improving profitability in this market.”...
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Originally launched as a Kickstarter, the floating DeLorean was built by a San Fransisco gentleman by the name of Matthew Riese. Since he first crafted the vehicle, which is a hand-made lookalike fiberglass and styrofoam shell on top of an original blueprint for a Universal Hovercraft UH-13P, Riese has continually improved upon the....
Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses, but executives at the companies hinted...
The rest of the lineup is carried over—except for the missing few. For the upcoming model-year, the Ninja lineup is obviously back, with the...
