Uber vs. Lyft: Ride-Hailing SWOT Analysis

Overview and Market Position Analysis of Uber and Lyft

Uber and Lyft are two of the leading ride-hailing companies in the world, revolutionizing the way people commute. Both companies utilize smartphone applications to connect passengers with drivers, offering convenience and flexibility. Uber, established in 2009, is a global giant with a presence in over 700 cities across the globe. Lyft, founded in 2012, primarily operates in the United States and has been a strong competitor to Uber in the North American market.