They're coming for you Uber...
This year Lyft is on a pace to record $7.7 billion in gross bookings, the amount it takes in before paying out drivers, according to The Wall Street Journal. Uber, by comparison, had $37 billion in gross bookings last year. Earlier this year, Uber raised $1.25 billion from Japanese tech giant SoftBank, and is reportedly eyeing an IPO in the latter half of 2019.
I never know what these numbers mean. Call me unschooled but they all sounds like something pulled out of nowhere.
Amazing how none of these guys can turn a profit, yet are worth billions. Amazing.
I'm kind of amazed at how small they are compared to Uber actually. 7.7B in gross bookings vs. 37B? I thought Lyft was getting much closer to Uber.
I actually thought the opposite, especially when you consider that Uber is GLOBAL. Lyft is just US/some Canada. Pretty impressive on Lyft's part actually.
Isn't this in line with the market share figure Lyft announced earlier this year? I think it's darn impressive.
I don't even know where all these people are taking Lyft, because if you asked 10 people on the streets the option they use, I suspect 8 or 9 would say Uber.
So 1~2 out of 10 would say Lyft. That's 1.5 Lyft vs 8.5 Uber, which is in line with 7.7 vs 37.7