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Lyft is floundering as Uber thrives. The difference? It’s all about scale
Lyft and Uber had wildly different quarters revenue-wise. The reason is simple: in this business, size (and scale) really does matter. Read more…
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SoftBank chief keen on investing in Uber or Lyft one day, maybe
TOKYO (Reuters) – SoftBank Group, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies or Lyft Read more…
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Lyft throws its hat into the self-driving ring with new division
SAN FRANCISCO (Reuters) – Lyft has formed a self-driving car division, company executives said, a bold investment for the second-largest US ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race. Read more…