Now Uber and Lyft have both gone public, we take a look at some of the alternative data captured on these companies. There are various sources of insight into performance and prospects for rideshare companies, spanning a number of dataset types. In this piece, we highlight insights derived from ESG and transactional datasets.
Last week, Uber followed in the footsteps of competitor Lyft with its highly anticipated IPO. While Uber remains the US rideshare market leader, corporate scandals and PR problems in recent years (such as the #DeleteUber campaign) have hindered the company’s growth. As a result, Lyft’s revenue grew nearly twice as fast as Uber’s in 2018. So which company will come out on top? And given that both IPOs have thus far been disappointing to investors, what does the future hold for Uber and Lyft?
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