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Ride-hailing group bounces back after 18-month ban on signing up new customers
Being a more localised and focused company should be an advantage but in practice, size matters
Lyft acknowledges profits will fall as it tries to catch up in increasingly lopsided battle
Huge variation between adjusted ebitda and net income creates confusion for investors
Company says it has overcome driver shortage but freight segment remains weak
Competition is throwing up roadblocks to smaller group’s post-pandemic recovery
And Uber is just a big taxi company
Company warns rising dollar will hit gross bookings by $1.8bn in fourth quarter
There is still no consensus on how autonomous vehicles should work
Rideshare company looks to accelerate revenue growth with new business division
‘Test’ would determine if workers are employees or independent contractors
Joe Sullivan was accused of obstructing regulator’s investigation in cyber security case
The ride-hailing app is now focused on other customer complaints such as cancellations and wait times
Gang based in UK and Brazil has been linked to embarrassing intrusions on Microsoft, Samsung and others
Market has been scuppered by high cost of maintenance and dearth of riders in pandemic
Start-up to concentrate on commencing production of its battery van to generate revenues
Upbeat message from group comes three months after CEO declared days of free spending were unsupportable
Ride-sharing group hits its target after burning through $25bn since being founded in 2009
The group has waited too long to gain any returns on sideline equity investments
‘On-demand’ services might have made people feel wealthy, but now the model is in jeopardy
Despite job cuts and slowing growth in some parts of the sector, recruiters say others are holding firm
Definition of ‘worker’ might have to change if more companies do not do right thing on benefits, MPs told
Ride-hailing business seeks new paths to meet rider demand in its ambition to build a ‘superapp’
As inflation raises supermarket prices, higher interest rates will curb investment in innovation
It may be no bad thing that the rules of the game are changing for venture-backed start-ups
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