Lyft and Uber's NYC Shared Rides Are Falling

The video analyzes ride-sharing data for Lyft and Uber in New York City, focusing on the number of dispatched rides and the percentage of shared rides. Lyft's shared rides decreased significantly from February to November 2018, while Uber's decline was less dramatic. The data suggests consumers prioritize convenience over cost savings. Regulatory actions in NYC, such as driver caps, impact both companies. The analysis provides insights into consumer behavior, revenue implications, and long-term business models as both companies prepare for IPOs.

What was the total number of dispatched rides for Lyft in November 2018?

• 8 million

• 4 million

• 2 million

• 6 million

How did the percentage of shared rides change for Lyft from February to November 2018?

• Increased from 13% to 20%

• Decreased from 20% to 13%

• Increased from 10% to 15%

• Remained constant at 20%

What key metric is important for investors when evaluating ride-sharing companies?

• Number of app downloads

• Revenue per rider

• Average ride distance

• Total number of drivers

What is the primary focus of consumers according to the trend discussed?

• Environmental impact

• Convenience of app hailing

• Cost savings from shared rides

• Availability of luxury rides

What regulatory action has New York City taken against ride-sharing companies?

• Limited operating hours

• Implemented a driver cap

• Increased taxes on rides

• Banned shared rides