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quantumhobbit | 7 years ago
Maybe they could save a bunch by colo or something else. But would 14 cents per ride really matter at all for their competitiveness. I’m not going to notice a 14 cent difference even if I do bother to price compare Uber with Lyft.
This is a VC fueled market. It isn’t really about small margins of this size.
ceejayoz|7 years ago
Lyft lost a billion dollars on $2B of revenue in 2018.
isostatic|7 years ago