Lyft Files for IPO

Re:Lyft Files for IPO by degenerate on Thursday December 06, 2018 @06:24PM (#18623538)

I don't think you are wrong. I have both apps, and my last 10 rides have been in Lyft, because it's consistently cheaper. If uber wants me back all they need to do is compete on price, but I think their operating costs are too high to do that, so they will eventually lose out from being too big and have to either scale back or implode.

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Re:Lyft Files for IPO by calvinbhai on Friday December 07, 2018 @10:44AM (#18628577)

Same here.

Any rides I have taken where Lyft is available, I ride with Lyft. Else, Uber. (mostly NYC/NJ/Toronto areas Lyft has been consistently cheaper for me).

Cheapest rideshare wins. race to bottom. Only way Uber / Lyft can avoid death, is with business rides and lockin. There no one is price sensitive, and they can make money off of business rides (Lyft is doing this really well, in nudging users to have more business rides).

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Re:Lyft Files for IPO by nradov on Friday December 07, 2018 @12:35PM (#18629643)

My employer has a business account with Lyft and I use it on all business trips. It's convenient because everything goes to our expense reporting system automatically. But businesses have no loyalty and would quickly shift to Uber for lower prices.

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Re:Lyft Files for IPO by brendanw on Thursday December 06, 2018 @09:59PM (#18624769)

Lyft is consistently 30% or more more expensive for my apt-to-work route in SF. A few of my friends observe similar. Perhaps you have to look at things on a route-by-route basis.

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