There are many ride-sharing applications on the market but only two get all the media attention: Uber and Lyft. As many of you know, Uber has had a tumultuous year marked by a high-stakes legal fight with Alphabet over Google self-driving car trade secrets, a investigation by the U.S. government into the company’s use of a software tool that helped its drivers avoid detection in parts of the country where the service wasn’t allowed to operate in, and a sexual harassment investigation that resulted in 20 employees being fired. Uber’s CEO Travis Kalanick resigned due to many of these scandals and investor pressure. Despite all of this, Uber continues to do well. Last week, the company announced it hit 5 billion rides across 6 continents, 76 countries, and 450+ cities.
Meanwhile, Lyft, which is only available in the U.S., just announced it hit one million rides a day. The company also says it’s seen 48 consecutive months of ride growth and is on track to hit an annualized ride rate of 350 million. Our question to you is this: what ride-sharing app is your favorite? Have you found yourself gravitating more towards Lyft due to Uber’s messes, or does that not matter much to you? Bonus: do you have a favorite ride-sharing app that’s not Lyft or Uber?
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