Uber Vs. Lyft The Path To Profitability For Ride-Hailing Companies

November 6, 2019
Uber and Lyft reporting earnings recently, showing the companies continue to lose money but less than analysts expected. Both companies did set a timeline on a path to profitability within the next 2 years. We spoke to John Foley, U.S. editor at Reuters Breakingviews about whether these companies can make a profit.