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Daniel Sevitt
Checking Up on Lyft's Market Share
1. Lyft recently announced a 40% increase in its share of the ride-sharing market.
2. While Uber is installed on 4x as many devices as Lyft, users are more than twice as likely to open Lyft than Uber on any given day.
3. Daily active users is the best way to determine the true market share of both Lyft and Uber.
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