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Doesn't Uber operate in a ton of countries? Lyft operates only in the US, right? And even then, isn't Uber in more cities? Lyft has no choice but to subsidize
by xyzzy_plugh 9y ago
Doesn't Uber operate in a ton of countries? Lyft operates only in the US, right? And even then, isn't Uber in more cities?
Lyft has no choice but to subsidize itself into extinction. If Uber pulled back entirely into the US alone then Lyft would be truly doomed. Only by spreading themselves thin does Lyft have a fair fight.
- vertex-four 9y agoOn the other hand, if they didn't spread themselves thin (and often into countries which don't actually need Uber), they likely wouldn't have received the amount of funding they have, and they'd be a more reasonably-sized competitor to Lyft.