Re:Lyft vs. Uber: A Tale of Two S-1’s
by igmor on Sunday April 14, 2019 @07:49PM
(#19662371)
It's weird because he calls it out in the comparison as a potential explanation for the gap in average booking per ride:
"This gap is likely also due to Uber’s heavier international presence (where they now generate 52% of their bookings). It would be interesting to see this data on a country-by-country basis (or, more importantly, a market-by-market one as well)."
yet still proceeds to draw this questionable conclusion:
"Lyft has made impressive progress at increasing the value of rides on its platform and increasing the share of transactions it gets."
"This gap is likely also due to Uber’s heavier international presence (where they now generate 52% of their bookings). It would be interesting to see this data on a country-by-country basis (or, more importantly, a market-by-market one as well)."
yet still proceeds to draw this questionable conclusion: "Lyft has made impressive progress at increasing the value of rides on its platform and increasing the share of transactions it gets."