Wednesday, November 26, 2014
After Uber's stumble, is it Lyft and Sidecar's time to shine?
Parks Associates analyst Tejas Mehta agrees the bad press won't change much unless Lyft and Sidecar add more investors and find a new way to stand out.
"Lyft has been competing with Uber on pricing, which is not sustainable in the long run," Mehta said. "Uber's recent troubles may not dramatically tilt the balance, but if Lyft can gain some market share as a result, it may just be the opening that levels the playing field a little."
From the article "After Uber's stumble, is it Lyft and Sidecar's time to shine?" by Dara Kerr.
Next: Roku still tops as sales of streaming-media players rise
Previous: Does Flywheel exec shakeup spell trouble? CEO says no
Comments
Post a Comment