4 ms·
Lyft barely exists outside of the US. Uber is still on top if you take a global view.
by jfoster 9y ago
Lyft barely exists outside of the US. Uber is still on top if you take a global view.
- rorykoehler 9y agoLyft have a deal with Grab here in Southeast Asia. As I understand I can use Grab to book Lyfts in areas where Lyft operates and Grab doesn't (and vice versa).
- brianshaler 9y agoNot (always) vice versa. In Ho Chi Minh, where Grab operates, I was not able to book using Lyft and had to install/setup Grab.
- helloindia 9y agoAs a guy from India, what is Grab?
- rak111esh 9y agoOla from South East Asia
- deleted 9y ago[deleted]
- shubhamaggarwal 9y agohttp://lmgtfy.com/?q=grab http://lmgtfy.com/?q=grab
- eigenvector 9y agoOK, but that is more of a convenience for American tourists who may not have a local phone number to sign up for Grab than an actual service. People that live outside the US are not going to have the Lyft app in the first place.
- jfoster 9y agoNot anymore. http://mashable.com/2017/03/22/didi-chuxing-lyft-roaming-deal/ http://mashable.com/2017/03/22/didi-chuxing-lyft-roaming-dea...
- Gaelan 9y agoLike the other reply said, Lyft's strategy is partnerships with local companies.
- CardenB 9y agoYes but other services hurt uber in other markets (didi?).
- htormey 9y agoDidn't Uber get a significant chunk of Didi stock when it agreed to exit china? I have no idea how uber is doing overall abroad but china didn't appear to be a total wash for them at least.
- alphast0rm 9y agoUber received a 17.5% stake in Didi as part of the deal [1], which is worth ~8.75B given their most recent raise at a ~50B valuation [2]. [1] https://www.bloomberg.com/news/articles/2017-04-28/china-s-didi-raises-over-5-5-billion-in-record-tech-funding https://www.bloomberg.com/news/articles/2017-04-28/china-s-d... [2] https://www.wsj.com/articles/didi-chinas-uber-raises-5-5-billion-in-latest-funding-round-1493379352 https://www.wsj.com/articles/didi-chinas-uber-raises-5-5-bil...
- htormey 9y agoNot that bad of an outcome really. I think Uber blew about $1 billion chasing after China.
- onion2k 9y agoAs I understand it Uber's profits from the US market (and VC money) is funding the global expansion. If Uber lose their dominant position in the US we should expect their plans in the rest of the world to stop quite quickly; they won't be able to afford them.
- wirelessest 9y agoIs Uber making profits in the US market?
- kornish 9y ago> and VC money Yeah, this is pretty key. If Uber's dominant position in the US is slipping but there's still a clear way for them to emerge on top globally and cash is the limiting concern, it seems likely they'll be able to continue subsidizing international expansion with more VC money.
- bigbugbag 9y agoUnless this VC money goes to pay for trial expenses against google.
- thanksgiving 9y agoI think they should settle. Uber should give waymo whatever they asked for (which likely isn't money).
- Tepix 9y agoI think Waymo doesn't want to have Uber as a competitor. They want to shut them out of the market. A market that Uber needs to have a future.
- Angostura 9y agoCertainly nothing in London yet.