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The average Uber or Lyft fare used to be predictable and steady -- about $25-$26 from mid-2018 through the runup to the virus, according to Statista. More Rising Costs: The Cost of Living Is ...
Lyft posted a surprise profit in the second quarter with better-than-expected revenue growth of 41%. The company’s stock still trails competitor Uber by a long distance, though, in part because ...
But when it comes down to Uber vs. Lyft, which service offers the best experience for drivers and riders alike? Read on to find out. Explore More: Pocket an Extra $400 a Month With This Simple Hack
The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. New York: American Management Association. ISBN 978-0-8144-3734-6. Oppong, Thomas (2018). Working in the Gig Economy: How to Thrive and Succeed When You Choose to Work for Yourself. London: Kogan Page. ISBN 978-0-7494-8355-5
In April 2020, a group of New Yorkers sued Uber Eats along with DoorDash, Grubhub and Postmates, accusing them of using their market power monopolistically by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery.
Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, an intercity carpooling company they founded in 2007. [19] Careem began operations in July 2012. [20] Bolt, a mobility company operating in Europe and Africa, was founded in 2013. [21]
Similarly impressive in its history is Peter Luger Steak House, which opened in Williamsburg in 1887 — it was the only restaurant on the list to lure tourists from Manhattan to an outer borough.
Lyft cut total costs last year by 12%, from a year earlier, compared with a 28% surge in expenses in 2022. The company said it expects ridership to grow in the mid-teens this year, following a 26% ...