Lyft Scales Into Europe: Can It Take Market Share From Uber?

Lyft TodayLYFTLyft$11.43 +0.43 (+3.88$8.93▼$19.07P/E Ratio190.45Price Target$16.45Add to WatchlistWhen you think of ride-hailing, Uber Technologies Inc. NYSE: UBER likely comes to mind, followed by the distant second player in the duopoly, Lyft Inc. NASDAQ: LYFT. The ride-hailing/rideshare market is a two-horse race. There's Uber and Lyft, and then everyone else. It’s not a very close race either, as Uber controls a 76% market share in the United States. However, Lyft is taking a page out o ...