Isn’t this what the free market is all about?
- Ordering fake rides from competitors and other dirty tricks to disrupt the market
- Bypassing proper background checks for drivers (which has resulted in several attacks on customers and pedestrians being run over)
- Privacy concerns (including Uber employees illegally tracking people)
- Several harassment claims by employees about managers at Uber
- And finally the CEO being fired for running said “a**hole culture”
Lyft has long been a distant competitor, now at around 24% of market share. Uber has been at 84% until recent events lowered it to 75%.
But in April this year, Lyft received a half billion dollar investment.
And it seems Uber’s much-anticipated IPO release has been delayed due to all the dust ups.
So the time is ripe for Lyft to start lifting.