Uber and Lyft said in February that ride bookings had halved in the fourth quarter compared with a year earlier. "New Chauffeur-Hailing Service Seeks to Challenge Uber, Lyft in City Rides" at 7:19 a.m. ET incorrectly implied the statements were made in January.

(END) Dow Jones Newswires

February 28, 2021 18:51 ET (23:51 GMT)