Lyft boss accuses rival Uber of ‘crossing lines’ and flags Asian expansion

lyftThe founder of US ride sharing app Lyft has predicted driverless cars will lead to lower car ownership, and stoked the rivalry with Uber by saying it has “crossed a handful of lines” in its conduct.

Lyft is available in 65 US cities currently, and has received $800m from investors in a series of funding rounds, with founder Logan Green saying it would be expanding internationally soon, hinting China and Japan are among its first destinations.

But he said it was not too disadvantaged despite rival service Uber’s earlier expansion and the emergence of local versions, pointing to investors Alibaba and Rakuten as giving it a good platform to launch off the back of.

On Uber’s performance internationally he said: “Uber is struggling in a lot of these markets it’s a story that doesn’t get told  lot but they have low single digit market share without the ability to make a dent.”

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