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โผ๏ธ 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, Lyftโs stronger Q2 forecast led to a stock jump, while Uberโs weaker outlook caused a dip. Notably, Uberโs mobility segment accounted for only half its total bookings as it expands into freight and delivery worldwide. Despite improving financials, drivers remain disgruntledโthousands went on a nationwide strike on Valentineโs 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 โผ๏ธ
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one of the wildest tech rivalries ever Uber vs Lyft and Uberโs secret program called โHellโ Uber spy on Lyft drivers for over a year. It ended in lawsuits, CEO resignations, and a whole lot of drama. Hereโs the full story ๐งต๐ In 2014, Uber and L
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The Dark Rise of Uber! When Uber started, it faced legal issues for operating as a cab service. Travis' response? "Weโre just a tech company connecting drivers and users." When government authorities imposed fines on Uber drivers, Uber built a tool
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โEver 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
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Uber CEO warns autonomous cars will replace drivers in 10-15 years Get ready for next-gen transport! Waymo and Lyft are launching fully autonomous robotaxi rides in Nashville by 2026, offering safer, smarter mobility for everyone. The partnership bl
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Uberโs been struggling financially, and theyโre not even trying to hide it anymore. Their latest moveโditching the commission model for a fixed fee and example of that Uberโs financials havenโt exactly been good at all . In Q4 2023, they reported $
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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
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Teslaโs dropping driverless robotaxis in Austin in 2 weeks. No drivers. No mercy. Uber and Lyft are shook โ theyโve got their own AV partners lined up (Waymo, Mobileye, etc.) but launches are still months or years away. CEOs say human drivers are toa
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