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
Or groupon of coupons
If uber ever turns profitable they should acquire Tesla
Uber is burning through cash like crazy. Does it have a viable plan to become profitable?
Waymo, years ago, was valued at $4.5 billion, though analysts claim it could surpass a valuation as high as $175 billion based on future revenue estimates. For context, a valuation north of $100 billion puts Waymo significantly ahead of Uber, Tesla, GM and Ford. https://www.google.com/amp/s/techcrunch.com/2019/03/11/report-googles-waymo-seeks-outside-investment-and-a-sky-high-valuation/amp/ Waymo valuation higher than Uber
Uber will be holding bags. Large bags
Isn't Uber in like 50x countries than Lyft but users, drivers, rides and revenues are 2-5x. Doesn't that mean they're just ripping off poor countries where there is less competition?
That would imply people would be willing to pay that much for a ride. If they price it too high, public transport would still be a better choice.
There is competition in every region. Didi, Grab, Yandex, Lyft, Ola to name a few. Uber is the only truly global player out of the bunch. Where competition has been fierce Uber has exited the regions and negotiated stakes in the competition while doing so.
I think it would be great if some one can get Uber US only numbers.
Incorrect. Lyft was for sale just a couple of years ago but now is kicking Uber’s ass in the US and will eventually internationally as well. Uber’s bro culture was exposed for what it was, and they have entered full damage control mode since the new CEO took over. Damage control mainly focused on sealing the leaks, not rebuilding from within though. Given both of those companies are considered “growth” plays, who do you think will grow more?
It’s duopoly in US. Both will do well and both need each other to survive. Otherwise any new entry will cause them to bleed more to defend the position. And we also want at least two players to get better service :) Btw, looking at growth rate of both companies looks like only USA has healthy growth for rideshare. Uber already disclosed rideshare growth in India slowed down to < 10% YoY in 2018
5 times more revenue and 2 times more lost. And they are operating in non-US cities which are supposed to be less profitable. Uber is way ahead here.
👌 Uber might be heading towards Amazon of transportation
Hopefully not.
Why not? Everybody wins