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
#2> Lyft provided this stat shot, which also includes some highlight numbers on its performance thus far in 2018.
Where's the data for this?
> with a particularly strong Q4 during which its revenue outpaced Uber’s by 2.75x
How much revenue did Lyft pull in? Or Uber? This article isn't very good.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#3Sounds 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.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#4Achieving 3x is easy when your revenue was lower to begin with.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#5Who cares ? Is it profitable or not ?
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#6I 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.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#7Sounds 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?
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#8[deleted]
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#9Well of course. What a dumb title. Lyft is smaller than Uber (drivers, user base, and operating markets). They have more room to accelerate their revenues because every time they add a market it has a larger impact on their added revenue. The title is just stupid because I can buy a cab tomorrow and also claim that my revenue is growing faster than Uber.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#10I 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.
Pissing of people is not a problem. Pissing of _customers_ is a problem, especially customers who have a choice.
Contrast e.g. Equifax, Comcast, SAP, etc, who've pissed of plenty of people with little consequences.