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.