Lyft Loses $600M in 2016 as Revenue Rises to $700M

Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M by eva1984 on Sunday January 15, 2017 @02:22AM (#13402817)

Uber already bumped its price in South Bay by somewhere as much as 50%(my daily ride from $14 to $17 then to $20) from my experience. Now I only use Uber Pool since Uber X in comparison is like 2-3 times more expensive.

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Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M by astrange on Sunday January 15, 2017 @03:36AM (#13403049)

The Uber Pool prices are still obviously fake - it's half the price of UberX for the same long trip even at 4am when nobody else gets in the car. Lyft Line is a discount but a much smaller one.

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Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M by BinaryIdiot on Sunday January 15, 2017 @04:54AM (#13403293)

> The Uber Pool prices are still obviously fake - it's half the price of UberX for the same long trip even at 4am when nobody else gets in the car.

I wish this were the case. Well, at least for me. I'm in the East Bay and Uber X versus Uber Pool is no question because Pool is $2 cheaper AT THE MOST, typically closer to a $1.50 cheaper. That's for a trip that typically costs roughly $15.

I'm curious how they determine their Pool prices.

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Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M by foobarbecue on Sunday January 15, 2017 @02:55AM (#13402917)

My ride to work was usually $2 on pool in Nov 2016. It's usually $7 or $8 now.

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Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M by preetish on Sunday January 15, 2017 @08:51AM (#13403949)

In Bangalore they were running a campaign last week; UberPool used to cost about a dollar for daily commute (to and fro).

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