Tracking the Growth and Competition of U.S. Ride-Hailing Companies
According to a post for Second Measure, written by Kathryn Gessner, Uber dominates ride-hailing competition in the United States, but Lyft is growing faster over the last year.
"In May, Uber accounted for 69percent of U.S. rideshare spending, and Lyft captured 29 percent of the market, up nearly 3 percentage points from a year ago," according to Gessner.
Lyft is stronger on the West Coast, but it's strongest metropolitan region is the Twin Cities in Minnesota. The article includes infographics and maps that break down the data into visual trends.
Second Measure, a technology company that specializes in analysis of anonymized purchase data, is tracking growth and competition between ride-hailing companies like Lyft and Uber. The article also includes some speculation about the future of the industry as growth slows.
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