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Uber's S-1 filing shows how much of a lead it has over rival Lyft

Posted on 4/11/19 at 11:59 pm
Posted by euphemus
Member since Mar 2014
536 posts
Posted on 4/11/19 at 11:59 pm
2018 Revenue
———————

Uber: $11.3 billion

Lyft: $2.2 billion


2018 Loss
—————

Uber: $1.85 billion (Adjusted EBITDA loss)

Lyft: $911 million


Total Cities
—————

Uber: 700+ (globally)

Lyft: 300+ (across U.S. and Canada)


2018 Booking revenue from ride-hailing service
——————————————————-

Uber: $41.5 billion

Lyft: $8.1 billion


Users in 2018
——————-

Uber: 91 million (including other services like Uber Eats)

Lyft: 30.7 million


Drivers in 2018
———————

Uber: 3.9 million

Lyft: 1.9 million


Rides in 2018
——————

Uber: 5.2 billion (includes scooter and bike rides, Uber Eats deliveries)

Lyft: 619 million
——————
This post was edited on 4/12/19 at 12:06 am
Posted by dirtsandwich
AL
Member since May 2016
5126 posts
Posted on 4/12/19 at 6:19 am to
Interesting numbers. I’m assuming the scooter rides are in Asia?

Also, obviously anecdotal, but I use uber often in a lot of places (work prefers over cabs). Recently used Lyft for personal use because I had a coupon. The two cars that picked me up were POS. I was worried that one wouldn’t make it. Could be local to Bham but it was bad.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/12/19 at 6:48 am to
quote:

I’m assuming the scooter rides are in Asia?


San Francisco
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 4/12/19 at 7:27 am to
Uber is the household name. They've coined the ride sharing term "I'm Uber'ing". I say it even when I use Lyft. Kind of like Kleenex.

That being said, every single driver I've spoke with prefers driving for Lyft.

I think they'll both be around for a long time.
Posted by Blackfield
Member since Jan 2010
449 posts
Posted on 4/12/19 at 7:37 am to
While Uber has the lead overall, Lyft s definitely carving out niche space in the healthcare world. I’m seeing it firsthand and there will be networks of transportation for couriers for patients getting medical care.
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 4/12/19 at 7:50 am to
I have a pile of money waiting on Uber, but seeing what lyft wants has me thinking twice.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/12/19 at 10:25 am to
quote:

I have a pile of money waiting on Uber, but seeing what lyft wants has me thinking twice


not following this... can you expound
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 4/12/19 at 3:45 pm to
Just they opened at 72 a share. Both companies are losing money, so I am feeling bearish on them.
Posted by Waveed
In a barrel of oil
Member since Jan 2018
40 posts
Posted on 4/12/19 at 6:43 pm to
Got to love those non-profitable companies...
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 4/12/19 at 7:00 pm to
quote:

Both companies are losing money, so I am feeling bearish on them.

quote:

Got to love those non-profitable companies...
don't have an opinion on these two companies but "I'm not Investing in these two companies because they're not profitable today" is very short-sighted
Posted by C
Houston
Member since Dec 2007
27817 posts
Posted on 4/12/19 at 7:18 pm to
quote:

Got to love those non-profitable companies...


amazon....
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26575 posts
Posted on 4/12/19 at 7:55 pm to
Yeah but Uber said they may never be possible
Posted by Twenty 49
Shreveport
Member since Jun 2014
18732 posts
Posted on 4/12/19 at 9:02 pm to
Seems most drivers are running for both around here. They tell me many customers do the same. They check price on each and select accordingly,

Lyft hit here first. I used them, so they often send me discounts. Kinda stick with them because of that. Uber probably is the first in most markets and gets that same connection to the customers there.

Maybe buy both when available. Sort of like Sirius and XM. Great idea, but who will win? Bet on both and wait for the merge,
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 4/12/19 at 9:50 pm to
quote:

Both companies are losing money, so I am feeling bearish on them.


Well I think that's highly dependent on how long you plan on holding.

If you're thinking short term (1-2 years) trying to make a quick return, you could very well be right.

If you're thinking long term (10-15 years and beyond), which is how I'm looking at it, I think at least one of them will be the dominant force in transportation.

Amazon still isn't profitable 20+ years later and they've made plenty of people rich.

I think investing in companies like this you need to look far down the line if you have that kind of time.
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