An upstart service called Empower is undercutting Uber and Lyft prices by an average of nearly 30%, according to Obi.
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Ride-sharing wars are heating up in New York, where an upstart service called Empower is undercutting Uber and Lyft prices by an average of nearly 30%, according to Obi, a real-time pricing aggregator.
Why it matters: Empower's explosive growth shows how hungry people are for a cheaper ride-sharing model, but officials allege the company is operating illegally.
The ride-sharing app has been looking to invest in more affordable transport and delivery offerings to widen its user base and…
A new analysis done by ride-hailing aggregator Obi shows Waymos cost more especially on shorter trips. They also have longer wait…
A network of millions of Americans who offer services like making deliveries or providing rideshare services are feeling the…
The investment bank initiated shares of the ride-hailing platform with a buy rating.
Uber Technologies shares have been on fire, and Guggenheim Securities thinks there are more gains to be had.
Uber-backed groups Pony.ai and WeRide fall as much as 15% as analysts raise concerns about profitability
