ridehailing

As investors approach the one-year IPO anniversaries of ridehailing stocks Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT), there’s no question the investments have been disappointments up to this point. Both stocks are trading below their IPO prices as losses continue to mount...

On the surface, it looks like Lyft, Inc. (NASDAQ: LYFT) and soon-to-be public rival Uber are technology companies. Both companies tout self-driving technology and the word “technology” appears throughout the Uber website. Companies may view themselves through a certain lens and...

With Uber rolling out in-app tipping nationwide, drivers are now incentivized to provide a premium service and differentiate their ride-hailing experience. Jeff Cripe is sympathetic to their pressures, particularly as the more crowded and competitive industry is limiting driver pay. At the same...