Article 5W2B6 Uber and Lyft are finally starting to look like different companies

Uber and Lyft are finally starting to look like different companies

by
Andrew J. Hawkins
from The Verge on (#5W2B6)
1310967778.0.jpg Photo by: Lindsey Nicholson/Education Images/Universal Images Group via Getty Images

Uber and Lyft have been operating on parallel tracks for a long time. Drivers moonlight for both services, customers toggle between the two apps, and despite Lyft's efforts to position itself as a woke" alternative to Uber, the two companies essentially operate identical ride-sharing services in the US.

Of course, there's a lot to differentiate the two from one another. Uber is global, while Lyft only operates in North America. Uber dominates ride-sharing, taking in roughly 70 percent of US riders spending and leaving Lyft with the rest. But this week's earnings reports revealed a much sharper divergence between the two companies than we've seen in the past, namely around side hustles.

side hustle divergence

Uber's main side hustle is...

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