Lyft earnings spark debate on whether Uber has a financial edge over smaller rival

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

“We think Lyft has fewer levers to accelerate its pathway to profitability versus Uber.'

Lyft Inc.’s latest results have some analysts wondering whether Uber Technologies Inc. has a major edge as both ride-hailing companies aim for eventual profits amid investor unease over the continued steep losses in the ride-hailing industry.

The Uber forecast has “better optics,” wrote MKM Partners analyst Rohit Kulkarni. “We think Lyft has fewer levers to accelerate its pathway to profitability versus Uber, and we do not believe reducing marketing spend is a healthy and sustainable way to achieve sustainable profitable growth.” See more: Lyft tops $1 billion in quarterly revenue for first time, but stock dips as profit remains well down the road

Shmulik was left wondering whether Uber was “pushing harder” in the quest to improve bottom-line results, as well as whether the company’s scale and structure enable it to achieve better operating leverage relative to Lyft.Though Uber and Lyft are both in the ride-hailing business, Lyft has a more narrow focus on the U.S. and ride sharing, while Uber has made a much stronger international push while also expanding into categories like food delivery and freight.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 3. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Stocks making the biggest moves midday: Tesla, FedEx, Slack, Lyft, Taubman Centers & moreTesla has another volatile day. L Brands is in talks to sell Victoria's Secret. Nvidia rises on an analyst upgrade.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »