Now that Uber and Lyft are public, the public may pay more
Now that Uber and Lyft are public, the public may pay more
Uber and Lyft, the two big competing ride-sharing companies, posted lower-than-expected revenue in their respective earnings reports this week. Each went public earlier this year. As the companies adjust to their new status, they may find that the financial pressure of being beholden to shareholders could mean changes in pricing strategies and branding.
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.