{"id":24834,"date":"2020-02-24T15:28:11","date_gmt":"2020-02-24T15:28:11","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=24834"},"modified":"2020-02-24T22:03:05","modified_gmt":"2020-02-24T22:03:05","slug":"lyft-lifts-off","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/industry\/lyft-lifts-off\/","title":{"rendered":"Lyft lifts off"},"content":{"rendered":"

According to eMarketer’s latest\u00a0\u201cUS Sharing Economy 2020\u201d forecasting report, Lyft is poised for growth.<\/p>\n

<\/p>\n

Article<\/a>\u00a0by\u00a0Blake Droesch | eMarketer<\/b><\/p>\n

In a marketplace crowded with competition, ride-hailing pioneer Uber still dominates the US transportation-sharing economy. But as the first mover’s growth slows, its main competitor Lyft will increasingly claim market share.<\/p>\n

We estimate that 74.5% of transportation-sharing users in the US will use Uber in 2020, compared with 54.0% who will use Lyft. Over the next three years, Lyft will continue to grow its share of transportation-sharing users at faster rates than those of Uber, according to our latest forecasting report, \u201cUS Sharing Economy 2020<\/a>.\u201d<\/p>\n

By the end of 2023, Lyft\u2019s share of transportation-sharing users will reach 59.0%, less than 13 percentage points behind Uber.<\/p>\n

\"\"<\/p>\n

Both Uber and Lyft continue to benefit from being first to market in the ride-sharing industry. But Uber has a considerably larger number of users, giving it less room to grow. We expect Uber will have 63.3 million US users in 2020, growing 9.7% over 2019. Lyft will have 45.9 million US users, up 23.7%.<\/p>\n

\n
\n
\n

In the past two years, Uber and Lyft dealt with similar challenges. Both companies have been criticized for not having a clear path to profitability. Both had\u00a0less-than-stellar debuts on Wall Street<\/a>. (Lyft went public in\u00a0March 2019<\/a>, with Uber following in\u00a0May<\/a>.) And both faced\u00a0negative publicity<\/a>\u00a0around lawsuits from riders alleging they were sexually assaulted by drivers.<\/p>\n

Uber and Lyft have continued to add users despite these roadblocks and have made transportation-sharing the key driver of the US sharing economy.<\/p>\n

Transportation-sharing is also benefiting from secular growth toward “Transportation as a Service” (TaaS), as some users are moving away from car ownership. We expect the US transportation-sharing economy will grow to 85.0 million users in 2020, up 10.4% year over year.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

According to eMarketer’s latest\u00a0\u201cUS Sharing Economy 2020\u201d forecasting report, Lyft […]<\/p>\n","protected":false},"author":8,"featured_media":24836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,53],"tags":[99,1780,388,3256,3255,2619,100],"class_list":["post-24834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-opinion","tag-ceo","tag-emarketer","tag-lyft","tag-market-share","tag-ride-sharing","tag-transportation","tag-uber"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=24834"}],"version-history":[{"count":3,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24834\/revisions"}],"predecessor-version":[{"id":24846,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24834\/revisions\/24846"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/24836"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=24834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=24834"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=24834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}