Uber Loses Floor In Us As Rival Lyft Accelerates

The data from Second Measure include Uber Eats as well as Uber car fares, which means Uber’s share of the ride-hailing market may be slightly overstated.
But it has managed to hang on to its market share gains since the #DeleteUber campaign.
Lyft has been particularly successful in its hometown of San Francisco, where it has captured about 40 per cent of the market, according to Second Measure.
A spokesman for Lyft said that the data from Second Measure underestimated its growth in gross bookings, which the company said was 135 per cent in April.
“Investors are worried that Uber may be self-destructing to some extent,” said Santosh Rao, head of research at Manhattan Venture Partners.

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