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while it is true that you can easily switch from uber to Lyft or vice versa, there are only two of them. so they do have moats. its not easy for a new competito
by rvn1045 8y ago
while it is true that you can easily switch from uber to Lyft or vice versa, there are only two of them. so they do have moats. its not easy for a new competitor to emerge unless they are doing something different like perhaps driverless cars.
- rorykoehler 8y agoIn Singapore Uber did an equity swap with Grab (they both own parts of each other and are invested in by Softbank too) to cease business. Now I just use a normal taxi booking again (as well as Grab when it's cheaper).