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Stories Tagged as

Ride-sharing

Uber finally makes a profit off ride-sharing

by Matt Levin
Aug 1, 2023
Investors stuck with the company even when it was losing money, because they knew it had wormed its way into our everyday lives.
Uber became a verb before it became profitable.
Mario Tama/Getty Images
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London taxi drivers hail “The Knowledge”

by Stephen Beard
May 14, 2019
Black cab drivers in the British capital say their knowledge of the city gives them a big competitive edge over ride-share rivals.
Black cab drivers block Whitehall as they take part in a protest against Uber on Feb. 10, 2016, in London.
Carl Court/Getty Images
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Why investors seem skeptical about the ride-hailing business

by Kimberly Adams
May 10, 2019
People are taking a hard look at Uber's business model.
An Uber banner hangs outside of the New York Stock Exchange as the ride-hailing company makes its highly anticipated initial public offering on May 10.
Spencer Platt/Getty Images
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Uber targets $100B valuation for IPO as Lyft shares slide

by Meghan McCarty Carino
Apr 10, 2019
The company has actually lowered its expectations.
Justin Sullivan/Getty Images
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Lyft issues IPO, but its path to profitability is still unclear

by Meghan McCarty Carino
Mar 29, 2019
Like Uber, Lyft has not been profitable to date.
The number of Lyft shares to be offered and the price range for the proposed offering have not yet been determined.
Kelly Sullivan/Getty Images for Lyft
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Lyft IPO makes it the ridesharing star, at least for today

by Tracey Samuelson
Mar 29, 2019
As the company hits the public markets, what does that mean for the future of how we get around?
An iPhone with the Lyft ride-sharing app on it shows cars in the area on Park Avenue in New York City March 26.
Timothy A. Clary/AFP/Getty Images
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Why sit in traffic when you can rideshare a drone?

by Jack Stewart
Feb 18, 2019
Uber and some other big names are proposing a network of electric air taxis that could whisk passengers up and across cities in minutes.
Uber and some other big names are proposing a network of electric air taxis that could whisk passengers up and across cities in minutes.
ROBYN BECK/AFP/Getty Images
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NYC set to give ride-hail drivers big raises

by Janet Babin
Dec 19, 2018
The nation's first minimum wage for drivers could boost their pay by more than 40 percent.
Cars drive through afternoon traffic on the Brooklyn Bridge on July 30, 2018 in New York City.
Spencer Platt/Getty Images
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Uber and Lyft are offering discounted or free rides to the polls on Tuesday

by Andy Uhler
Nov 5, 2018
What's in it for the ride-sharing businesses?
Photo by Spencer Platt/Getty Images
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How do Uber drivers feel now that Travis Kalanick is gone?

by Ben Johnson and Kristin Schwab
Jun 27, 2017
Harry Campbell, Uber driver and blogger at The Rideshare Guy, talks about how Uber's CEO's departure has affected drivers.
Uber CEO Travis Kalanick speaks onstage during an event at the Vanity Fair New Establishment Summit in San Francisco, California last October.
Mike Windle/Getty Images for Vanity Fair
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