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The company's gross bookings rose 12% YoY to $4.5bn and it posted record free cash flow of $329.4m compared to $256.4m in the ...
Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ...
Lyft teams up with Baidu to enter the European robo-taxi market ● Electric autonomous vehicle “RT6” slated for pilot in ...
Driverless taxis are coming to Europe. American ride-hailing company Lyft has announced a partnership with Chinese tech giant Baidu to begin offering robotaxis in Germany and the UK starting in 2026.
Lyft plans to deploy Baidu Apollo Go's RT6 robotaxis in Germany and the U.K. starting next year, pending regulatory approvals.
Lyft Partnerships and European Expansion Increases the Addressable Market, but Uber Remains Dominant
In terms of research and development, Uber and Lyft have pulled back from capital-intensive autonomous technology. While this has boosted near-term profitability, it also introduces some uncertainty ...
Lyft's discounted valuation, strong bookings, and strategic growth position it as a strong buy. Read here for an investment ...
For just a minute, can we put aside relentless fundraising from artificial intelligence startups? Let’s give some airtime to ...
Lyft expects a strong second-half of the year, and guided for third-quarter gross bookings to rise 13% to 17%, to between $4.65 billion and $4.8 billion. Analysts are looking for gross bookings of ...
Key Points GAAP revenue for Q2 2025 was $1.60 billion, missing analyst estimates by 0.68% (GAAP), Revenue was $1.59 billion, missing analyst estimates by 0.68%, but rising approximately 10.6% ...
Lyft's quarterly revenue miss overshadowed an upbeat gross bookings forecast for the September-quarter on Wednesday, as the ...
With partnerships including DoorDash and Chase already in place, Lyft's entry into Europe positions the company to extend ...
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