Lyft has not tried new areas like Uber has with Eats and Freight. Will Lyft be around in 2022, or will it just be a shell of company? Uber meanwhile is overvalued, but has significant market share globally and diversified revenue. #ridesharing #lyft #uber
I don’t see anything that will increase Lyft valuation in coming years. However, fundamental doesn’t work anymore. So, who knows!!
Not likely.
Curious why you think so
I don't think Uber is overvalued. Their global presence is what reiterates their worth. They have also acquired well. And dara will bring profits either by selling off poorly performing units, laying off people or by slashing benefits. He is an amazing CEO from the view point if investors
Agreed the CEO is amazing... the many product areas they get into is impressive. I wonder why Lyft hasn’t tried to expand into other areas as aggressively
Uber is not at all overvalued. Uber has 45% food delivery market share. Doordash with 55% market share (their only business) is valued at $55b. Uber on the other hand only has a market cap of $90b - delivery is not even their primary business and has expanded both mobility and delivery to several countries. They will stop bleeding money soon.
There's also grubhub. That's a dying business
How did you come up with 55% and 45% market share? I really want to know
Mark my words guys... By end of 2022, Your outlook towards lyft would change. All those thinking that Lyft has no upside will be surprised.
🤔❓
If you are that much sure, why not buy long dated calls?
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How is Uber overvalued?
They are valued at $90b right? Why? Food delivery has so many competitors, and transpo isn’t coming back strong for a while? Sincerely curious