Better Ride-Hailing Stock: Uber or Lyft?
Ride-hailing, which involves booking transportation services via a smartphone app, is a two-horse race in the United States. Aside from legacy taxis, Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) are the dominant players. Uber is the market-share leader and an industry Goliath, while Lyft is a smaller competitor that might promise more upside as the underdog.
Which stock is the better investment today? It's a head-to-head you don't want to miss.
Uber and Lyft are essentially the entire ride-hailing industry in America. Uber is the more popular service, and its name is somewhat synonymous with ride-hailing. In other words, you don't hail a ride; you call an Uber. Today, Uber holds roughly 75% of the U.S. market and has largely been able to defend that market share over the past seven years.
Source Fool.com
Uber Technologies Inc Aktie
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