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Lyft says its revenue is growing nearly 3x faster than Uber’s

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Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#11
Agree with all the comments here about how the actual statistic here shouldn't lead one to the conclusion that it may on the surface. But... Every time I've visited a big city of the last few years, "Uber" has been the verb for just grabbing a ride-share. My last 2 visits to a big city over the law few months, "Lyft" has been the go-to that people talk about. I'm pretty sure the tide is shifting in Lyft's favor, this specific statistic and its flaws aside.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#12

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US.

My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice.

Does anyone else see the same trend? The bay area certainly seems to be Lyft-dominant, but I haven't seen that anywhere else.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#13

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Yep, I've never used Uber because of the issues I've read about, admittedly I'm not the most informed person ever, just my experience.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#14
post #3

Sounds nice from a PR standpoint but you can't really compare the two companies based on revenue growth. Lyft is still a smaller company so in a global industry it's much easier for it to grow faster on a percentage basis. They're still expanding to cities where Uber already exists. If you started a rideshare company and gave 11 rides this month you'd be growing 10x faster than Lyft.

I agree. They just recently entered Canada (and it seems only one province), so of course they are going to have bigger revenue growth than Uber as they enter new markets. A stretch: is Lyft going to use these metrics to go public before Uber to hype itself up?

This is an interesting question - who loses by IPOing first? The company who did it first or the company who comes next?

It seems like it Lyft has everything to gain and little to lose by building a growth story and rushing out to IPO. They get to set the price, they could be used as an Uber proxy which would increase demand for their stock, and more.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#16
post #12

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US. My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice. Does anyone else see the same trend? The bay area certainly se…

If ride availability has anything to say about it, there are plenty of Lyft drivers in San Antonio. I say "take a Lyft" or "Lyft there" when I talk rideshare. I don't preach it or say "Uber sucks" but when I am asked, I mention that Uber had a crummy internal HR program, has committed multiple shady business practices, none of which I can remember, but I can remember disliking.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#17
post #12

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US. My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice. Does anyone else see the same trend? The bay area certainly se…

I'm currently in the Triangle area in North Carolina, there seems to be plenty of lyft users here.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#19
post #12

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US. My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice. Does anyone else see the same trend? The bay area certainly se…

True. Here in Europe in general, Lyft is uknown, but, at least here in Greece, everyone sings the praises of Uber, in comparison to the terrible service normal taxis provide.

HN is not only a regional but also an ideological bubble, and it seems to hate companies that are doing well for themselves (except Apple and Musk-affiliated gigs).

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#20
post #12

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US. My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice. Does anyone else see the same trend? The bay area certainly se…

All of my friends in the states take Lyft. My friends in other countries use Uber.
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