Earnings Point to Different Routes for Lyft and Uber
Lyft(LYFT) PYMNTS·2024-05-08 16:08
Uber and Lyft bring to mind the oft-quoted Robert Frost poem.You know the one — about two roads that diverged.The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves apt for online platforms, for the digital age.Uber and Lyft’s most recent earnings spotlight the divergent paths the two companies have taken through the past few years. In broad strokes, both companies seek to match supply and demand, as any platform does. Lyft is focused on ride-h ...