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Honest question, what do you think causes the price difference?
by castis 9y ago
Honest question, what do you think causes the price difference?
- dheera 9y agoRandomly speculating here - Uber has more money on their hands and is massively subsidizing something that may not be sustainable long-term - Uber may have more customers and can pool rides more efficiently and cost-effectively
- malandrew 9y agoUber subsidizes less. Its losses as a percent of gross bookings is -8% while Lyft's is -13.5%. Uber is cheaper while subsidizing less because it's more efficient.