Complete a Competitor Analysis of Lyft: Competitor Analysis Whoare the major competitors? Describe the strengths and weaknesses ofthe top 3 competitors. What are their positioning and marketshares? How does my company or its main products/servicesdifferentiate? Are there any opportunities that are not beingcurrently offered?
Include references, if possible.
Expert Answer
Major competitors of Lyft, with strengths and weaknessesare-
- Uber- It has more than 13000 employees and sales revenue isabove 7 billion dollars by FY end 2017. Biggest Competitor in US,largest Cab network of all. It is market leader, followed by Lyftand Curb. Uber generates more revenue by + $ 4 Billion that ofLyft.
- Curb-
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