Uber, Lyft prepare to shut down California rides service on Friday

August 20, 2020

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Lyft in a blog post on Thursday said it would suspend its California operations at midnight. Uber in a blogpost said it would have to temporarily shut down unless the appeals court intervenes. Lyft shares dropped 6.2% to $26.41, while Uber shares were down 2.3% to $28.74.

Continue reading Uber, Lyft prepare to shut down California rides service on Friday

Uber, Lyft prepare to shut down California rides service on Friday originally appeared on Autoblog on Thu, 20 Aug 2020 13:10:00 EDT. Please see our terms for use of feeds.

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