Connected_MobilityConnected Mobility

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Author: Nicole Schlosser
Publication Date: May 10 2023
Pages: 14
Report Type: Report, Word
Connected Mobility

Q1 2023: Uber Approaches Profitability, Lyft Struggles

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Report Summary:

Uber’s results reflect a clever strategy of hedging against weaknesses in driver recruitment and retention as well as weakness in demand. Lyft has turned to layoffs to compete with Uber almost exclusively on price. The strengths and weaknesses of these strategies are revealed in the latest quarterly report.
Table of Contents

1. Executive Summary    3
2. Analysis    4
2.1.1 Uber    5
2.1.2 Lyft    7
3. Subscription Plans    9
4. Paths to Net Profitability    11
5. Implications    12
6. Analyst Contacts    13
6.1 Other Contacts:    13

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