While the ride-hailing industry suffers from this pandemic, and after Uber’s massive Q2 losses, can its main rival, Lyft, do any better?
With Uber losing more money and Lyft set to announce Q2 earnings, are rideshare still companies sustainable?
Massachusetts is joining California in suing Uber and Lyft for their misclassification of workers. Could this be the end of the road for the gig economy?
Uber and Lyft are effectively a duopoly in this space but have struggled to operate as viable businesses. Is this the end or is there more to come?
The cloud services stock is trading like it’s immune to the pandemic — but it still faces plenty of near-term headwinds.
The ride-hailing service could start making a profit sooner than anticipated, with 2020 dubbed the year of subscriptions by Uber’s CEO.
Uber stock went soaring 38% yesterday after the company proved it had the ability to weather a downturn, announcing it has $10 billion in cash reserves
Casper Sleep has cut the price range for its IPO to $12-$13 a share, giving it a valuation befitting a mattress company and not a tech “unicorn”
There was a lot of talk in 2019 about the failure of expensive unicorns to live up to their hype, but just how bad is the damage?
With ride-hailing companies such as Uber and Lyft continuing to decline in value as costs mount and profits fall, we ask: when, or even if, ride sharing can be profitable?