What challenges does Uber face in maintaining its market share against Lyft?
Uber Losses Continue With 2019 IPO Looming
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The transcript discusses Uber's potential IPO, highlighting financial uncertainties and market conditions. It explores Uber's financial strategy, including its valuation and readiness for an IPO. The bull and bear cases for Uber's future are examined, focusing on ride-sharing and Uber Eats. The role of Uber Eats and other ventures like scooters and self-driving cars are discussed. Finally, the impact of competition with Lyft on Uber's market share and pricing strategies is analyzed.
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What is the significance of the competition between Uber and Lyft in the context of profitability?
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