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Lyft Grows on Uber's Public Stumbles

Lyft Grows on Uber's Public Stumbles

Assessment

Interactive Video

Business, Performing Arts

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the financial performance and market positions of Uber and Lyft, highlighting Uber's significant growth despite scandals and Lyft's strategic growth in market share. It compares the scale of both companies, noting Uber's global reach and Lyft's strategic low-key approach during Uber's challenges. The transcript also touches on Uber's ongoing search for a new CEO amidst leadership vacancies.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the growth rate of Uber quarter over quarter?

20%

25%

30%

15%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can Lyft's revenue be estimated from its gross bookings?

Multiply by 0.4

Multiply by 0.3

Multiply by 0.2

Multiply by 0.1

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Uber's initial strategy in the ride-sharing market?

To diversify into other businesses

To collaborate with Lyft

To be the only player in the market

To focus on international markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Lyft responded to the uncertainty at Uber?

By reducing its services

By maintaining a low-key approach

By increasing its prices

By aggressively marketing against Uber

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of Uber's CEO search?

The position has been eliminated

The search is still ongoing

A new CEO has been appointed

An interim CEO is in place

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