Uber and Lyft s long wait for a rebound in demand signals slow economic recovery Toggle share menu
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Uber and Lyft s long wait for a rebound in demand signals slow economic recovery With the pandemic still suppressing ridesharing demand, Wall Street is keen to know how soon Uber Technologies Inc and Lyft Inc expect a rebound and how they plan to keep costs under control until then.
FILE PHOTO: A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake
09 Feb 2021 03:45AM Share this content
By Tina Bellon and Akanksha Rana (Reuters) - With the pandemic still suppressing ridesharing demand, Wall Street is keen to know how soon Uber Technol.