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Uber and Lyft 2020 Year End Results: Two Companies Transformed

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Report Summary:

Uber and Lyft began 2020 hoping to capitalize on 2019 milestones. But 2020 had other plans in mind.

While each operator struggled with precipitous declines in trip volume, they both managed to lower costs, improve margins, and sell investors on a brighter long-term picture throughout it all.

This insight will look at Q4 2020 earnings for both Uber and Lyft and analyze how the quarter fits into each company’s historic performance and future orientation.

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