2min chapter

Bloomberg Technology cover image

Lyft's Slow Growth and Rivian's Capital

Bloomberg Technology

CHAPTER

Lift's Growth Is Below That of the Rest of the Rideshare Industry

Mandeep Singh: Lift doesn't have a differentiated offering when it comes to ride sharing. Consumers are price sensitive, he says; they're going to go with the company that has a lower ETA's and more variety in terms of what it offers. The marketplaces with the most supply growth eventually are the ones that end up winning - which is where Uber has an advantage,.

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