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For both drivers and customers, safety tends to be a top concern with ridesharing. In late 2019, Uber reported that nearly 6,000 incidents of sexual assault had been reported by both drivers and ...
The average Uber or Lyft fare used to be predictable and steady -- about $25-$26 from mid-2018 through the runup to the virus, according to Statista. More Rising Costs: The Cost of Living Is ...
A study published in July 2018 found that Uber and Lyft are creating more traffic and congestion. [ 74 ] [ 75 ] [ 76 ] A study published in March 2016 found that in Los Angeles and Seattle the passenger occupancy for Uber services is higher than that of taxi services, and concluded that Uber rides reduce congestion on the premise that they ...
Uber and Lyft drivers say they're earning less through the apps. That's led some to start their own ride businesses to make more money.
Uber has long provided a fast and easy way for adults catch a ride from one place to another, but the service has been restricted to people aged 18 and up. That's about to change.
In the just over two weeks since Uber’s lockup expiration, insiders have sold a total of 54.02 million shares worth roughly $1.48 billion. Insider Selling At Ride-Hailing Companies: Uber Vs. Lyft
Also, 16% of all of Lyft's rides are based in California versus Uber at 11.5%.Lyft's stock has lost around 30% since the start of 2020 while Uber's stock is up nearly 4%.
Image source: Getty Images. Uber and Lyft both went public in 2019. At the time of this writing, Uber's stock trades 36% above its IPO price of $45, but Lyft's stock has tumbled more than 80% ...