Uber and Lyft may be ride-hailing competitors, but they have fundamentally different ambitions.
While Uber and Lyft, the top two ride-hailing services in the US, may comprise a duopoly the companies shouldn't be valued the same way.
In the US alone, customers can book a ride via 12 different in-app options including UberX, Uber Select, and other services like Assist for passengers who need help getting into the vehicle and at their destination. Uber Pool gives passengers heading in the same direction a way to carpool and pay less per ride.
In overseas markets, Uber offers additional transportation formats, like Uber Auto and Uber Moto its rickshaw and motorbike hailing options in India, or Uber Bus which lets a passenger reserve a seat on one of Uber's air conditioned mini-buses circulating in Cairo. That's important for Uber, in part because it had just 3.9 million drivers on its platform in the last quarter of 2018, serving 91 million"monthly active platform consumers" using Uber's services during that same period.An even newer proposition for Uber is its logistics play, Uber Freight. The company launched its Uber Freight app in 2017 to link shippers of goods to carriers who can haul them.
Despite all the human and business risks and costs, Uber maintains ambitions in high-risk areas like self-driving cars.Spending more time and money on autonomous vehicles is worth it for Uber, the company says.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Uber spent $3.3 billion on acquisitions in 2018 and 2019 — 10-times more than LyftThe ride-hailing company Uber, which officially filed to go public on Thursday, went on a shopping spree ahead of its IPO.
Consulte Mais informação »
Uber and Lyft may look the same, but their visions are notAt first blush, it can be hard to tell Uber and Lyft's businesses apart. But look under the hood and there's a clear difference in their strategies.
Consulte Mais informação »
Factbox: How Uber and Lyft compare on key financial metricsUber Technologies Inc’s initial public offering filing on Thursday contains data...
Consulte Mais informação »
Lyft shares hit new low as Uber IPO chatter revs upShares of recently listed Lyft Inc fell to a fresh low and closed the day down a...
Consulte Mais informação »
Uber releases its long-awaited IPO filingUber may never achieve profitability and had operating losses of $3 billion in 2018, IPO paperwork shows.
Consulte Mais informação »
Uber may owe another $227 million to Google for awards related to Uber vs. WaymoFormer Google employees Anthony Levandowski and Lior Ron were found jointly liable by an arbitration panel on late March, according to Uber's S-1.
Consulte Mais informação »
Uber officially files for initial public offeringUber Technologies Inc. officially filed for an initial public offering with the Securities and Exchange Commission on Thursday afternoon, setting up one of...
Consulte Mais informação »