3 ms·

Yup - they've been heavily subsidizing rides recently (even more so than usual) to pull booking numbers up!

• jessaustin 9y ago
  Suddenly the headline seems less amazing...
  • malandrew 9y ago
    Losses as a percent of gross bookings: Uber: 8% Lyft: 13.5% Lyft is the one buying marketshare, not Uber.
    • justicezyx 9y ago
      Both are buying, right?
      • tmh79 9y ago
        sort of, but lyft's market share costs 50% more than uber's market share
        • MuffinFlavored 9y ago
          Why?