Competitor news and trends

Lyft’s Gross Bookings Grew At A Faster Rate Than Uber’s In Second Quarter

July 26, 2017
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Lyft’s Gross Bookings Grew At A Faster Rate Than Uber’s In Second Quarter

July 26, 2017
Ridesharing company Lyft’s gross bookings grew approximately 25 percent to more than $1 billion in the second quarter — a faster rate than that of carsharing competitor Uber. Uber told investors earlier this month it expected gross bookings would increase in the “mid-teens” for the quarter. Bloomberg reports that Lyft’s business has been booming as its biggest […]