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Uber Beats Estimates; Lyft Rider Base in Focus

DA Davidson & Co Senior Research Analyst Tom White joins Caroline Hyde and Ed Ludlow to discuss Uber’s fourth quarter earnings beating estimates, how the ride-hailing company was able to buck the trend, and what to expect from Lyft’s upcoming earnings. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…

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DA Davidson & Co Senior Research Analyst Tom White joins Caroline Hyde and Ed Ludlow to discuss Uber’s fourth quarter earnings beating estimates, how the ride-hailing company was able to buck the trend, and what to expect from Lyft’s upcoming earnings.
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2 Comments

2 Comments

  1. Rideshare Otter

    February 9, 2023 at 1:12 am

    Uber changed their pay to the drivers. Instead of a calculable formula like Miles+minutes they new AI “learning” algorithm does some secret “voodoo” economic calculations’ and then offers the drivers an upfront price. 80% of the drivers don’t know their cost to drive so they take every ride offered which leads them to take value out of their privately owned vehicle… Normally these low information drivers that take every ride that the algorithm feeds them only drive rideshare for about 3 to 6 months before they lead the hard way they are losing money. #knowyourworth

  2. Rideshare Otter

    February 9, 2023 at 1:22 am

    As for Lyft … I drove exclusively for Lyft for years because they were better for drivers. HOWEVER! now they are charging passangers insane prices and still giving the drivers they same pay they did back when I started in 2016 … oh way … they started the upfront pay for drivers also … which is a camouflaged pay cut … LYFT is NOT worth bothering with. Hard PASS!

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Exhausted from carrying water up a hill to keep her small farm in Kenya thriving, Josephine Waweru received an unexpected call that offered a nearly unbelievable solution. She shares how one simple device allowed her crops (and her dreams) to flourish — and offers a glimmer of hope in the face of growing climate uncertainty.

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Flash, a humanoid robot made by Chinese smartphone company Honor, just smashed the human world record for the half-marathon. I dive into why this smartphone company seems to be pivoting to humanoid robots and whether others may soon follow.

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