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.”...
Filed under: Motorsports,Commerce
Continue reading Miami Grand Prix F1 Race: Everything you need to know before you go
Miami Grand Prix F1 Race: Everything you need to know before you go originally appeared on Autoblog on Wed, 1 May 2024 17:15:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Comments
Visit Juniors Auto repairs and have your vehicle serviced Today! Have the oil changed, fliuds checked and replenished and more.
Uber and Lyft Suggest the Days of Cheap Rides Could Be Over Both continue to record big losses, but executives at the companies hinted...
Not once, not twice, but thrice did all four drivers manage to link up 1-2-3-4 on Sunday, breaking away from the pack and threatened to pull away from the rest of the field. If not for the occasional caution and stage racing, Stewart-Haas Racing very well could have naturally lapped into the top-10 in the 1000Bulbs.com 500.....
