Connected_MobilityConnected Mobility

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Author: Nicole Schlosser
Publication Date: Mar 13 2023
Pages: 27
Report Type: Report, Word
Connected Mobility

H2 2022: Higher Services Demand Boosts Uber, Lyft Revenues, but Insurance, Profitability Remain Hurdles

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Report Summary:

The second half of 2022 brought revenue growth and driver supply to both companies, but Lyft still juggled a variety of struggles, from high insurance costs to low prime time. This Insight examines Uber and Lyft’s growth and losses in Q2 2022 and their outlooks and plans for 2023.
Table of Contents

1. Executive Summary    3
2. Analysis    4
2.1 Uber    6
2.2 Lyft    12
2.3 Insurance Challenges    20
2.4 Take Rate Increases    21
2.5 Labor Relations Hurdles    22
3. Implications    24
4. Analyst Contacts    26
4.1 Other Contacts:    26

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