Lyft’s Ridership Reaches 52.6 Million in Fourth Quarter – WSJ (Jan 4, 2017)

This article highlights two things: first, Uber still dwarfs Lyft, with 78 million rides in December to the latter’s 18.7 million. Secondly, both companies are still growing ridership at a rapid pace. That’s important because although this sometimes feels like a zero sum game, it clearly isn’t, at least not yet. The overall pie is still growing, and even though Lyft’s slice is far smaller, that’s growing too. The question is how long both the overall growth and individual companies’ growth will continue.

via Lyft’s Ridership Reaches 52.6 Million in Fourth Quarter – WSJ


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