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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 ‼️
MARKET KA NAYA RYTHA... • 28d
“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
See MoreBuilding 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 $
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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
See MoreWork 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
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