Advertisement
New Zealand markets open in 9 hours 49 minutes
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5961
    +0.0024 (+0.40%)
     
  • NZD/EUR

    0.5558
    +0.0012 (+0.22%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.99
    +0.18 (+0.22%)
     
  • GOLD

    2,340.50
    +2.10 (+0.09%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,096.34
    +55.96 (+0.70%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    17,993.85
    -94.85 (-0.52%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • NZD/JPY

    92.6900
    +0.5750 (+0.62%)
     

How Uber’s Rival Lyft Increased Its US Market Share

How Uber’s Rival Lyft Increased Its US Market Share

US ride-hailing company Lyft said on March 12, 2018, that it saw revenue of over $1 billion in 2017. Both Uber and Lyft are not yet profitable. Considering its head start, dominance, and other advantages over its American rival, Uber hasn’t been able to drive Lyft out of the ride-hailing market.