Lyft Inc. faces the challenge of keeping pace with the growth of Uber Technologies Inc., which is raising money at a faster clip as the rival ride-sharing services spend millions of dollars to subsidize low-priced services and pay bonuses for drivers. "GM's 2Q Results to Shed Light on Its Self-Driving Tech Foray," at 4:30 a.m. EDT Saturday, said Lyft was struggling, but did not provide context. (July 20, 2016)

(END) Dow Jones Newswires

July 20, 2016 09:23 ET (13:23 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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