Lyft, Uber’s biggest competitor, is another ride-sharing company that has emerged from the sharing economy. Similar to Uber, Lyft is a mobile application that connects consumers who need a ride with drivers who offer their personal cars as a ride-sharing service.
It’s interesting to note that Lyft is also headquartered in San Francisco, California, just as Uber is. This goes to show how much of a demand there is in the San Francisco Bay Area for vehicles for hire.
What makes Lyft different from it’s competitor, Uber, is that it prides itself in friendly, engaging customer service. This contrasts with Uber’s brand, which is based on professionalism.
According to an interview with the founders at TechCrunch Disrupt, “Lyft came out of a hackathon project where we were trying to figure out what does Zimride (original company) look like on mobile”. This hackathon project has led to a successful company that is valued at over 5.5 billion dollars.
Lyft is another example of an innovative company born out of the sharing economy. With a bright future on the horizon, Lyft will be around for a long time to help out those people who need a lift!