Similar Stories to Lyft Forecasts Strong Quarterly Earnings Driven By Ride-hailing Demand And New Features on Bing News

Lyft is benefiting from the industry-wide trend of a pickup in ride-hailing demand and its strong execution of new functionalities. Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from new user and driver features.

Topics:  ride-hailing   lyft   strong   driven   features   
BING NEWS:
  • Ride-hailing rivals to Uber, Lyft, say they're still moving into Minnesota
    When the state's standoff with Uber and Lyft earlier this year made it look like the companies could pull out of the market, several smaller ride-hailing services saw a chance to expand here.
    05/27/2024 - 1:00 pm | View Link
  • Lyft Forecasts Strong Quarterly Earnings as Ride-Hailing Demand Picks Up
    (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from ...
    05/7/2024 - 5:07 am | View Link
  • Here’s what we know about Uber and Lyft’s planned exit from Minneapolis in May
    The Minneapolis City Council last month overrode a mayoral veto and passed an ordinance that requires ride-hailing companies to pay drivers a minimum rate of $1.40 per mile and $0.51 per minute ...
    04/7/2024 - 5:26 pm | View Link
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