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UBER Jan 2026 30.000 call
- Reuters
Lyft forecasts 15% annual growth in gross bookings through 2027
Lyft is targeting 15% annual growth in gross bookings through 2027, the ride-hailing firm said at its inaugural investor day, adding that it expects gross bookings from its nascent advertising business to increase eight-fold in the same period. The forecast signals Lyft could maintain its position in the North American ride-sharing market, where it lags Uber, even as both the companies seek to diversify their revenue streams through offerings such as advertising and user subscriptions. Lyft expects $400 million in gross bookings from its advertising business in 2027, Zach Greenberger, executive vice president of Lyft's Partnership Ecosystem, said, compared with $50 million forecast this year.
- Benzinga
Costco Gobbles Discretionary Market Share Thanks To Its Value Proposition
Last week, Costco Wholesale Corporation (NASDAQ: COST) reported its fiscal third quarter earnings that surpassed estimates. Last Thursday, Costco management emphasized its membership pricing, digital sales growth, along with its recently expanded partnership with Uber Technologies Inc (NYSE: UBER). Fiscal Third Quarter Highlights For the quarter ended on May 12, Costco recorded revenue grew 9% YoY to $58.52 billion, earning $3.78 per share. Excluding gasoline and foreign exchange impact, compara
- Zacks
Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
