At the start of the year, #DeleteUber trended worldwide after a couple of major missteps by the divisive ridesharing service. Outraged consumers deleted the Uber app en-masse from their phones and flooded to other transportation methods, including old-school taxis and Lyft. According to numbers obtained by Bloomberg, Lyft benefited significantly from the turmoil at its larger rival, with increased bookings and revenue. 22.8 million monthly rides took place on the Lyft in February, up 137 percent from the same month a year ago, according to leaked fundraising documents which also noted the company was beating internal growth targets. In addition, active passengers…
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Thursday, 27 April 2017
