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Uber told investors it had a growth rate in the "mid-teens". Assuming a 13-17% growth rate, Uber increased its gross bookings by $1.2 billion or $900 million.
by tristanj 9y ago
Uber told investors it had a growth rate in the "mid-teens". Assuming a 13-17% growth rate, Uber increased its gross bookings by $1.2 billion or $900 million.
Lyft claims it increased gross bookings from $800 million to >$1 billion, a rate of over 25% or an increase of $200 million.
So Uber grew 4-5x more than Lyft, but Lyft is growing faster than Uber.