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This seems like fight between two fractions in the Uber. On the one side, it is Benchmark capital while the other side there is Travis and investors aligned wit
by tlogan 9y ago
This seems like fight between two fractions in the Uber. On the one side, it is Benchmark capital while the other side there is Travis and investors aligned with him.
What is uber ownership breakdown? What do you think who will win?
- nostrademons 9y ago> Who will win? Lyft.
- gsnedders 9y agoHow much of Uber's income comes from the US market v. overseas? As long as Lyft is US-only, they're potentially going to have a hard time equalling Uber.
- nostrademons 9y agoLyft is going global: https://www.cnbc.com/2017/01/13/lyft-to-go-global-take-on-uber-outside-the-us.html https://www.cnbc.com/2017/01/13/lyft-to-go-global-take-on-ub...
- furioussloth 9y agoThis story was published 8 months ago and yet there is not a single other country where Lyft has expanded. Also Uber already faces heavy competition oversees. I suspect most of the money they are losing is because of their desire for world domination. It is going to be very hard for Lyft to enter or retain those markets.
- malandrew 9y ago> But Lyft told CNBC, "Along with our international partners, we are updating how we serve our users traveling abroad. We will now direct them to download the partner's app in the country they are visiting." So basically they aren't going global.