Uber vs Lyft, who will win the battle

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Check out the detailed comparison between Lyft and Uber and see who is going to rule the on-demand taxi market in the upcoming year? https://www.apptunix.com/blog/lyft-vs-uber/

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Presentation Transcript

slide 1:

Funky Mustaches or Classy Cabs Who Will Win The Battle

slide 2:

INDEX Introduction A Quick Overview Market Share Business Objective App Interface App Engagement Rate Conclusion

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INTRDUCTION Uber and Lyft are the two big names of the on-demand taxi booking business. Uber is serving its customers all over the world whereas lyft is focusing in the local market of US and Canada only.

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PITCH DECK V 1.0 A Quick Overview UBER LYFT Key Points Founded Founder Funding Headquater Revenue 2018 March 2009 June 9 2012 Garrett Camp Travis Kalanick Logan Green John Zimmer San Francisco California U.S. San Francisco California U.S. 24 Billion 4.9 Billion 11.27 Billion 2.157 Billion

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Business Objective Uber’s goals are “Horizontal” going beyond ride-hailing into freight food delivery air taxis and driverless cars. On the other hand Lyft’s goals are “Vertical” – it focuses only on transportation and wants to be the best transportation company in the USA and Canada.

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On the basis of the grap we can say that Uber controls the market share in the United States. In 2017 Uber had a 74 market share in the US compared to Lyft at 22. In 2018 Uber had a 69 of the market share while Lyft rose to 29. Market Share

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App Interface App Interface App Interface Features Uber Lyft In-App Payments Split Payments Taxi Tracking Referral Program App UI and UX Estimated Fare Calculator After booking the cab Before booking the cab Enabled Enabled Enabled Enabled Enabled Disabled Less Fierce More Fierce Less user- friendly More user- friendly

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App Engagement Rate If we look at the engagement metrics users are opening Lyft application more than UBER. Despite the fact that UBER has more application downloads Lyft has won the challenge by offering savage engagement avenue to its app users.

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Conclusion Some battles never end. Same case is with Lyft and Uber. Both the taxi booking apps are doing great as per their goal. While Uber beats Lyft when talking about vehicle options and innovation Lyft wins on pricing app engagement rate and revenues. If you are planning to develop apps like Uber you can contact us