Ride Sharing Apps

U.S. stocks ended in the green, with the Dow Jones and NASDAQ indices closing slightly higher on Monday. The Dow traded up 0.28% to 35,559.53 while the NASDAQ rose 0.21% to 14,346.02. The S&P 500 rose, 0.15% to 4,588.96. These are the top stocks that gained the attention of retail traders and...

Lyft Inc. (NASDAQ: LYFT) is expanding its advertising services. The San Francisco-based car service company launched Lyft Media and is currently testing the service in Los Angeles, according to the Wall Street Journal. Lyft expects it to reach 25% of all rides by year-end in three other cities....

The shares of Lyft Inc. (NASDAQ: LYFT) jumped in the after-hours session on Tuesday as the ride-hailing company reported an increase in business following the lifting of novel coronavirus-related (COVID-19) lockdown. What Happened Lyft said the total number of rides increased 26% in May compared to...

Adam Jonas of Morgan Stanley took a deep dive into the taxi and ride-sharing space to see exactly how much of a disruption Uber and Lyft are to the traditional taxi industry. Jonas' new "Taxi and Ride-share App Monitor" (TRAM) examines the detailed monthly report from New York City's Taxi &...