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Lyft Gets Ahead of Uber in Partnerships

Lyft PartnershipLyft announced last week a significant growth in its partnership and business division, Mashable has reported.

With an expected $1 billion run-rate by the end of the year, the company has seen an impressive number of partnerships most noticeably in healthcare transportation. The top five largest health systems partner with Lyft,” the site said.

The site also said that the rivalry between Lyft and Uber is not going to wane anytime soon as both companies watch each other closely for any new service or feature introduced.

Similar Services

Mashable pointed out that after Uber launched a benefit program for commuters, Lyft followed suit in February.

And then last month, Lyft partnered with Allscripts to give 180,000 physicians access to the service to hail a ride for patients.

Uber has a similar service launched recently.

Under both services provided by the two ride-hailing giants, individuals who don’t own a mobile phone can still get a ride that medical or health facilities arrange and set up on their behalf so they won’t miss a doctor’s appointment.

Business Platform

While Lyft is claiming huge growth in its business and partnership arm, Mashable said Uber “is not falling behind by any means,” pointing out that Uber for Business is popular among corporate travelers.

Leading travel and entertainment expense management software firm Certify, on the other hand, revealed that since 2015, usage of Lyft by business travelers went up almost five times.

Business Travel Usage

In a report last year wherein Certify compared business travel use of the two ride-hailing companies, the software provider found that Uber dominated the market with 56 percent of ground transportation overall.

Lyft was at 12 percent based on transportation receipts and expenses but is breaking into Uber’s tight grip on the ride-hailing industry.

Certify said that after almost standing still in the first quarter of 2017, Uber rose two percent to capture 55 percent of ground transportation overall in the second quarter.

However, Lyft equalled Uber’s growth, adding two percent to end the second quarter with eight percent of category receipts and expenses.

At the end of the third quarter, Certify said Uber lost between one percent and eight percent while Lyft posted gains.

In San Francisco, where the two ride-hailing companies are based, Uber had the largest decline (minus eight percent) while Lyft had the biggest gain (plus nine percent).

Also, Lyft improved in user review rankings, getting 4.76 of 5 stars while Uber’s was 4.1 stars.

What’s Next?

The rivalry between Lyft and Uber is getting fiercer as both companies try to outdo each other in services and benefits for commuters.

What are your thoughts on it? Share them by commenting below.

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