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Author: Nicole Schlosser
Publication Date: 2月 18 2022
Pages: 16
Report Type: Insight, Word



Lyft, Uber See Year-End Profitability Wins, but Can’t Ignore Operational Losses

Report Summary:

Both major U.S.-headquartered ride hail companies finished out another difficult pandemic year with EBITDA-adjusted profits to show for their supply-building efforts. Still, both suffered net revenue losses spurred by seasonality and the Omicron variant and, for Uber, devaluation in its DiDi investment.

A relatively strong start to 2022, however, is forecast given rider and delivery numbers so far, and the companies continue to cultivate different “side hustles”: Uber in delivery and Lyft in micromobility.

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