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Re:Lyft Files for IPO by toast0 on Thursday December 06, 2018 @02:49PM (#18621424)
Taxis doesn't seem like a business where there are economies of scale from having a larger global footprint. Uber may have a small advantage in software costs, but labor and equipment must be the largest costs, and the labor is bringing the equipment for the most part; Uber may be able to do better on leases than Lyft, but I'm not sure how much of their earnings are coming from that.

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