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).
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.
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).