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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

#121
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.

Clearly, Techcrunch should know better.

they're becoming the "Buzzfeed" of tech

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

#122
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…

Travis Kalanick is still Chris Sacca's boy

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

#123
post #103
post #12

Earlier quoted context omitted.

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…

In Seattle, most people I know choose Lyft for ethical reasons.

the funny thing is most people criticized Uber for destroying the taxicab industry and displacing jobs, yet don't do the same for Lyft.

The other stuff such as Uber's sexual harrassment, i get, but the above boggles my mind

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

#124
post #71

Earlier quoted context omitted.

I attribute SpaceX and Tesla love to the "ask a kindergartner what they want to be" phenomenon. Everyone, regardless of field, can relate to rockets and cars. Far fewer people would relate to, say, optimizing insurance benefit payments.

It's deeper than that. People here like Tesla because it's forcing other car makers to build decent electric cars. That's something that needs to happen if we're going to move away from fossil fuel dependence. SpaceX is cool because there's a really good chance they'll be more successful at missions to the moon and Mars than NASA has been recently. They're both forward-thinking companies.

My point being there are thousands of companies doing interesting and "good" things. But Tesla and SpaceX definitely seem to get more of a positive reaction than the others.

Not saying they aren't doing good things. But they get more credit than the good things they're doing would merit. And probably more than even effective PR can explain.

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

#125

Earlier quoted context omitted.

What other online booksellers were there in 1995? I don't remember any.

Barnes and Noble was around, but they just did not take it seriously enough

According to wikipedia B&N's website was launched almost 2 years after Amazon.

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

#126

Earlier quoted context omitted.

I'll give you the other ones, but I'll challenge the Amazon example. Sure, there may have been other small sites selling stuff online, but Amazon definitely was a first mover in selling lots of stuff at volume. With all your other examples I can name the companies the later movers overtook (e.g. Google -> Yahoo/Alta Vista, Apple -> Blackberry, Facebook -> Myspace), but I think the first time I bought something online…

When Amazon started they were far from dominant. For a long time they only sold books. Then they only sold classical music CDs. Bit by bit they added other things, like other music, DVDs, and eventually basically all retail goods. But for years they were basically just one among many sites, and not even terribly notable in the overall retail space. There were lots of other companies selling lots of other stuff at the…

> Of all the ways to buy things online amazon was pretty far down the list until the mid 2000s.

That's just not true. Yes, they focused largely on books and music originally, but they were still a first mover in ecommerce and a huge presence. Heck, their 1 click patent was published in 99.

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

#127
post #57

Earlier quoted context omitted.

Everyone I know gets an "uber" regardless of whether they're using Lyft, Uber, or any other ride sharing service which is not a taxi.

Great! Now let's get out there and educate, because Uber is truly a disgusting organization at the top. I am sure once they have died, their engineers can find spots at Lyft as something will need to pick up the void, so no need to worry there Uber devs reading this.

> I am sure once they have died

Just because you want them to “die” doesn’t mean they will.

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

#128
post #89

Earlier quoted context omitted.

This may be semantics but technically Lyft was the first to come up with the Uberx model of anyone becoming a driver.

Not really. They head Uber was about to launch it and pre-emoted by a few days. Still to this day haven’t been able to suss out who was really first with the idea.

I thought SideCar was first with the idea.

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

#129
post #114

Earlier quoted context omitted.

Disclaimer: I work for Grab The competition in ride-hailing industry is pretty intense right now actually. You have several big players: - Ola (India) - Didi (China + Brazil & perhaps Japan soon) - Grab (Southeast Asia) - Go-Jek (Indonesia, a very populous country with 250 million by the way) - Uber (global but has retreated from certain markets already, see Uber/Didi deal in China) - Lyft (US/Canada) - bunch of star…

You just listed why Uber is so valuable: none of the others have anywhere near the global range Uber has. Even if Uber banned in a couple European countries they're still widespread enough worldwide to be a better alternative than because of a simple fact: I already have the app setup and running on my phone, which isn't true for any other ones you listed, which either don't operate in the continent at all or are reg…

> I don't have whatever regional equivalent there is there

I imagine you would install it if Uber is not very common in that market; waiting for an Uber to come might take much longer than for you to install that regional equivalent.

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

#130
post #32

Earlier quoted context omitted.

Incidentally, my experience with Lyft here in Canada has been pretty dismal. On average pretty terrible drivers. I have a feeling Lyft is getting all the Uber rejects. If that's the case, this is going to derail Lyft's Canadian debut pretty badly. I wonder if this is a common problem when they come into an Uber-dominated market.

I've seen these anecdotes one way or the other (pro/anti Uber/Lyft/whatever) and I think they're all pretty useless when trying to extrapolate to the broader population. One thing that is abundantly clear, at least in the US city where I live, is that Uber and Lyft are pushing hard for the same pool of drivers; many drivers drive for multiple ride share services. I'm extremely skeptical of "one company's drivers are…

Definitely. Lately I see more vehicles in my area with both Uber and Lyft decals than with only one or the other.

It seems there's even a market catering to these people now: https://www.amazon.com/Driver-Light-Removable-Suction-Ridesh...

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