transportation in the united states

  • Uber Takes a Victory Lap While Lyft Shares Fall Off a Cliff

    Uber Takes a Victory Lap While Lyft Shares Fall Off a Cliff

    The rideshare wars hit an inflection point on Wednesday as Uber’s latest earnings announcement showed its revenue more than doubled from this time last year. That news came just hours after Lyft announced a quarterly outlook that missed investor expectations by more than $US50 ($69) million and its stock price went into freefall.