Lyft vs Uber: What you need to know about rivals


While Lyft and Uber want to be listed, the two IPOs – which are eagerly awaited by investors looking for a piece of the tour operator market – are gearing up for some of this year's biggest.

Late Wednesday, Reuters announced that Lyft was planning to go public the week of March 18, making it the first company of its kind to debut on the public market, defeating Uber thoroughly. By beating his rival, Lyft will probably avoid being judged by the same valuation parameters as those applied to Uber – which is much larger.


Here is a side-by-side comparison of the two companies before their likely public debut this year.

Market value: Uber has reportedly received proposals from Morgan Stanley and Goldman Sachs, worth about $ 120 billion, much more than Lyft, whose market value is estimated at nearly $ 25 billion.

Market share: The reason why Uber is so valued is much higher than Lyft: its market share is around 69% in the United States and has 100 million users worldwide. Lyft, meanwhile, has conquered about 28% of the market, according to Second Measure.

founders: In 2009, Garrett Camp and Travis Kalanick came up with the idea of ​​UberCab; their beta launch took place in 2010, but was officially launched in San Francisco in 2011. At the time, it was more expensive than a taxi because users could only hail luxury cars.

Although Logan Green and John Zimmer only launched Lyft in 2012, they had actually created a carpool service called Zimride in 2007. However, it was not quite the same concept; According to Ride Guru, the company is more focused on carpooling for long trips, sometimes even between cities. In 2013, Zimride officially changed its name to Lyft.


Presence: According to its website, Lyft is present in more than 300 cities in the United States. Uber, in turn, operates in around 785 metropolitan areas around the world.


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