Q1 2023: Uber Approaches Profitability, Lyft Struggles

Uber Approaches Profitability

 
Share This Post
 
 

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.

Read the full report

The authoritative information platform to the semiconductor industry.

Discover why TechInsights stands as the semiconductor industry's most trusted source for actionable, in-depth intelligence.