Better Ride-Hailing Stock: Uber vs. Lyft
Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) both operate well-known ride-hailing services, but their business models are radically different.
Uber is larger and more diversified than Lyft. It operates in 72 countries, and it generated just half of its revenue in the United States in the first nine months of 2021. It also provides food delivery services through Uber Eats.
Lyft only operates in the United States and Canada. It doesn't provide dedicated food deliveries like Uber Eats, but its delivery platform enables its drivers to pick up food, retail products, and auto parts for customers. Uber and Lyft both provide bicycle and scooter rentals in select cities.
Source Fool.com
