Ride-hailing begins in Vancouver as Uber, Lyft launch service [Business News Network (BNN) Energy & Resources (Canada)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Business News Network
Ride-hailing begins in Vancouver as Uber, Lyft launch service VICTORIA - Ride-hailing companies Uber and Lyft say they are on the road in Metro Vancouver, less than a day after receiving long-awaited approval for operating licences. Uber activated its app Friday morning, while Lyft held a news conference outlining is operational area covering downtown Vancouver, the international airport in Richmond and part of east Vancouver. Uber says it will service North and West Vancouver, Vancouver, Burnaby, Richmond, Surrey, Coquitlam, Port Coquitlam and parts of Delta. Rate structures for the two companies are 33 cents a minute, but Uber will charge 70 cents per kilometre while Lyft charges 65 cents, and base and services fees for Uber are $4.50 compared with Lyft's $5. Taxi rates can vary in Metro Vancouver, but the base fare is generally $3.25 and $1.88 per kilometre. Vancouver quickly issued business licences to Uber and Lyft after the Passenger Transportation Board approved provincial lice
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UBER
Earnings
- 2/7/24 - Beat
UBER
Sec Filings
- 4/23/24 - Form DEFA14A
- 4/19/24 - Form PX14A6G
- 4/18/24 - Form 4
- UBER's page on the SEC website