Published on 12 Apr 2024 on Benzinga
Uber And Lyft's Minneapolis Exit Delayed As Wage Ordinance Postponed - Lyft (NASDAQ:LYFT), Uber...
In a recent turn of events, Uber Technologies Inc. UBER and Lyft Inc. LYFT have decided to delay their departure from Minneapolis, providing temporary relief to users who rely on their services.
What Happened: The two leading ride-hailing companies, Uber and Lyft, have extended their operations in Minneapolis until July 1, Reuters reported on Friday. This follows a Minneapolis City Council decision to postpone the enforcement of a new driver pay ordinance.