Uber’s U.S. sales have recovered after the #deleteUber campaign but Lyft is still gaining

Uber is coming to the close of its worst year ever, sparked by the first of two #deleteUber campaigns in January, followed by a leadership shakeup and an ongoing shareholder battle.

Uber’s business has grown by 15 percent from March to September in the U.S., according to credit card analytics company Second Measure.

That was after more than 400,000 Uber riders deleted their accounts earlier this year in the wake of the #deleteUber campaign, which led to a drop in business.

Still, Uber’s sales have grown slower than its rival Lyft, which saw a 33 percent increase in sales in the same period.

Lyft, which according to sources is not yet profitable in the U.S., expanded into more than 160 new cities this year and now operates in more than 360 cities. It recently hit 1 million rides a day for an annualized run rate of 350 million miles.

Uber, on the other hand, was much more aggressive about its expansion both in and outside of the U.S. and reached the 1 million miles a day milestone in 2014.

Now the company is in the hands of its new CEO Dara Khosrowshahi who plans to turn the Uber image around as he prepares to eventually take it public.

Lyft’s share of the market is still growing. The company had less than 20 percent of the market before January and now controls 22 percent of it. Uber’s market share is still down from last year, owning 74 percent of the U.S. ride-hailing market compared with 84 percent last year.

This year marked the first time Uber’s business has been materially impacted by its public relations issues. It was also the first time Lyft was able to capitalize on Uber’s woes.

Yet, there’s much more room to grow in the U.S.

In September, only 10 percent of all U.S. consumers took Uber and 4 percent took Lyft. Surprisingly, the majority of those that do take ride-sharing services typically use one service exclusively — not both.

As of September, 71 percent of ride-hail consumers used Uber exclusively and 19 percent used Lyft, up from 13 percent in December before the #deleteUber campaign. Only 10 percent use both services.

The breakdown of how many people in the U.S. use Uber or Lyft.

Comments

Understanding Winthrills Network

Winthrills Network is an online crowdfunding platform, which gives three part earning opportunities. I will be reviewing the ways and methodology of earning with winthrills network in Nigeria. A Brief Infomation about Winthrills Network The name WIN means Web Income Nigeria ; it is a segmented platform for Mandee Thrills Company. It’s a Network Advertising platform that delivers both amazing results for its advertisers and a highly profitable revenue stream for its promoters. The company started providing online earning for its users since 2010. WINThrills centralizes the advertisers who wish to promote products or services online and the promoters who are eager to generate revenue. WINThrills Network is also an international online crowdfunding platform that connects private investors with businesses. A team of WINThrills Network professionals provides investors decision-making tools which connect investors and reliable businesses. With the rapidly growing community of

Save the Children Nigeria is recruiting for contract Consultant - End Of Project Narrative Documentation For Anchor Advocacy Project.

Save the Children is the world's leading independent organisation for children. We work in 120 countries. We save children's lives; we fight for their rights; we help them fulfill their potential. We work together, with our partners, to inspire breakthroughs in the way the world treats children and to achieve immediate and lasting change in their lives. We are recruiting to fill the vacant position below: Job Title: Consultant - End of Project Narrative Documentation for Anchor Advocacy Project Location: Abuja Application Deadline: November 18, 2017 Job Type Contract Apply Background With support from the Bill and Melinda Gates Foundation (BMGF), Save the Children Nigeria was commissioned in 2015 to influence and inform policy changes, as well as mobilize communities towards the support for and uptake of Routine Immunization, Nutrition, and Reproductive Maternal, New-born and Child Health (RMNCH) services. The Anchor Grant Advocacy is a 3-year

Google Assistant will soon be on a billion devices, and feature phones are next

As CES kicks off, Google has a massive presence: monorails, a booth that’s three times larger than last year, and likely a giant pile of news to announce. But ahead of all the actual product news, the company wants to beat its chest a little by announcing some numbers. By the end of the month, it expects that Google Assistant will be on 1 billion devices — up from 500 million this past May. But just like Amazon, Google’s number comes with caveats. In an interview with The Verge , Manuel Bronstein, the company’s vice president of Google Assistant, copped to it. “The largest footprint right now is on phones. On Android devices, we have a very very large footprint,” he says. He characterizes the ratio of phones as “the vast majority” of that billion number, but he won’t specify it more than that. Though he does argue that smart speakers and other connected home devices comprise a notable and growing portion. THE “VAST MAJORITY” OF THOSE BILLION DEVICES ARE ANDROID PHONES In

Current News/Innovations

Search This Blog