🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Back

Nawal
•

SELF • 1y

‼️ Uber vs. Lyft: The Mobility Showdown Continues in USA Ride-hailing giants Uber and Lyft continue their battle for dominance in the mobility service market. In Q1 2024, Uber maintained its lead with $10.1 billion in revenue and $37.7 billion in gross bookings, while Lyft trailed at $1.3 billion revenue and $3.7 billion in bookings. However, Lyft’s stronger Q2 forecast led to a stock jump, while Uber’s weaker outlook caused a dip. Notably, Uber’s mobility segment accounted for only half its total bookings as it expands into freight and delivery worldwide. Despite improving financials, drivers remain disgruntled—thousands went on a nationwide strike on Valentine’s Day protesting Uber, Lyft, and others, following a similar strike last May. As the mobility market evolves, the rivalry and tensions between these tech giants and their gig workforce show no signs of letting up. What's your insight over this face off ‼️

13 replies11 likes

Replies (13)

PRATHAM
•

BeatStars • 1y

The number difference is huge. It would be very interesting to see what the competitions will do

1 replies2 likes

Sajin
•

Foundation • 1y

10:1 score. Lyft needs global expansion but its too hard to capture market share now

1 replies1 like

LIKHITH

ON NE SAIT JAMAIS • 1y

Uber has competition world wide in each and everyplace.

1 replies1 like

Recommendations from Medial

Havish Gupta

Figuring Out • 4m

The Dark Rise of Uber! When Uber started, it faced legal issues for operating as a cab service. Travis' response? "We’re just a tech company connecting drivers and users." When government authorities imposed fines on Uber drivers, Uber built a tool

6 replies7 likes

Vivek kumar

On medial • 5m

Here’s a short overview of major funding agencies and their operations: 1. Sequoia Capital (USA) Invested In: Apple, Google, Airbnb, WhatsApp. Source of Funds: High-net-worth individuals, pension funds. Returns: WhatsApp investment generated $6.3

3 replies14 likes

Stoxii

MARKET KA NAYA RYTHA... • 25d

“Ever wondered how ride-sharing giants like Uber, Ola, and Rapido actually make money? The answer goes far beyond your fare. Think logistics, advertising, corporate partnerships, subscription services, and even electric mobility. Each company has cra

0 replies5 likes

Pulakit Bararia

Building Snippetz la... • 4m

Uber’s been struggling financially, and they’re not even trying to hide it anymore. Their latest move—ditching the commission model for a fixed fee and example of that Uber’s financials haven’t exactly been good at all . In Q4 2023, they reported $

1 replies12 likes

Nawal
•

SELF • 1y

Zomato in and out ‼️

9 replies25 likes

Chamarti Sreekar

Passionate about Pos... • 28d

Tesla’s dropping driverless robotaxis in Austin in 2 weeks. No drivers. No mercy. Uber and Lyft are shook — they’ve got their own AV partners lined up (Waymo, Mobileye, etc.) but launches are still months or years away. CEOs say human drivers are toa

4 replies20 likes

Sameer Patel

Work and keep learni... • 1y

BluSmart is an Indian electric ride-hailing and charging infrastructure company, focusing on sustainable urban mobility. Launched in 2019, it operates a fleet of electric vehicles (EVs), offering a green alternative to traditional ride-hailing servic

1 replies7 likes

Jav

. • 4m

If your absolute end competitors are giants. START UNIQUE. Just like how rapido first entered the market with the term "bike pooling" and now it's a leading competitor to ola and uber in India in terms of auto or cab rentals.

0 replies4 likes

Shuvodip Ray
•

YouTube • 11m

🗞️ How did Uber's initial funding rounds impact its growth Uber's initial funding rounds were crucial in fueling the company's rapid growth and expansion. Uber raised an initial $1.25 million in angel funding from First Round Capital in 2010, which

3 replies11 likes

Comet

#freelancer • 8m

Visa? $32.6 billion—without owning a single bank. Crazy, right? 🎧 Spotify? $14.3 billion—and they don’t own any of the music! Lyft? $4.4 billion—and guess what? They don’t own any cars. Airbnb? $9 billion—with zero property of their own. 🍽 Doo