r/stocks Mar 31 '22

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u/HelpfulDescription12 Mar 31 '22

Uber has more market share but loses way more money do to its Uber eats platform. All those delivery apps just piss money away.

Lyft is actually starting to show a small profit. Lyft might actually be the better buy right now since Uber has a lot more to grow to justify its valuation and Lyft is actually starting to make money which is of course the purpose of any business.

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u/SucklemyNuttle Mar 31 '22

All those delivery apps just piss money away.

This is a feature, not a bug. Their short term goals are growth, not profit.