The IPOs of Uber and Lyft intensified their competition. Both companies became publicly traded around the same time in 2019, which increased their visibility and scrutiny in the market. This also meant they had to be more transparent with their financials and business strategies, which could have influenced their competitive tactics. However, the IPOs did not significantly change the geographical competition between the two, as Uber continues to have a broader global presence, while Lyft focuses more on the US and Canada.
Use our Timeline Template Collection to visualize and track business processes. Timelines keep proje...
Download template