
Uber and Lyft take different roads in search of profit
Saturday, February 8, 2020, 9:07 AM
UBER.N and LYFT.O, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around. Uber shares shot up 9% on Friday after the company said on Thursday it could achieve a measure of company-wide profitability in the fourth quarter of 2020, a year ahead of a previous target.
Uber
United States
UK
Europe
California
Major News
Picture Available
Company News
Lyft
Financials Legacy
Automobiles Auto Parts Legacy
Automobiles And Auto Parts TRBC
Auto And Truck Manufacturers TRBC
Technology TRBC
Internet World Wide Web
Technology Media Telecoms
Software TRBC
Transportation TRBC
Results Forecasts Warnings
Technology Equipment TRBC
Read More