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Uber Misses Analyst Expectations For Q3 Sales Offers Upbeat Guidance

Uber Misses Analyst Expectations For Q3 Sales Offers Upbeat Guidance
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Uber Misses Analyst Expectations For Q3 Sales; Offers Upbeat Guidance

Uber Technologies shares whipsawed on Tuesday after the ride-sharing company reported weaker-than-expected revenue for the third quarter.

Christopher vandergriftDara khosrowshahiNelson chaiPrashanth mahendraAdam ballantyneAnalog devicesUber technologies incUber technologiesUber performedDelivery gross bookingsChief financial officerPrashanth mahendra rajahCambiar investorsColumbia threadneedle

Uber Misses Analyst Expectations For Q3 Sales Offers Upbeat Guidance

Dara khosrowshahiAdam ballantynePrashanth mahendraNelson chaiChristopher vandergriftUber technologies incAnalog devicesFree videoUber performedHow uber performedDelivery gross bookingsChief financial officerPrashanth mahendra rajahCambiar investorsColumbia threadneedle

Lyft s gains from price cuts not enough to dent Uber s US lead

(Reuters) -Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit. After the slowest sales increase in the second quarter in two years, Lyft is expected to post a bigger growth story in the September quarter as it attracted more riders with lower prices. The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price.

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Lyft s gains from price cuts not enough to dent Uber s US lead By Reuters

Lyft s gains from price cuts not enough to dent Uber s US lead By Reuters
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Akash sriramDavid risherChristopher vandergriftAdam ballantyneCambiar investorsColumbia threadneedle investments