Uber and Lyft Stopped Competing and Started Thriving

The rivalry between Uber Technologies and Lyft has traditionally revolved around the same core questions: Who could grow faster, subsidize rides longer and survive the brutal economics of ridesharing? But as the most recent quarterly earnings from both mobility platforms reveal, the competitive frame has shifted. The market today is a mature one where profitability matters, and the next frontier is no longer simply moving people from point A to point B.