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‘Uber is losing market share in the U.S. after scandals’

‘Uber is losing market share in the U.S. after scandals’

Photo: Bloomberg

Taxi-app Uber has its market share in the US in recent months, crimping, after the company was faced with a series of scandals around corporate culture.

Data from market researcher Second Measure shows that the market share of Uber declined to 77 percent, where at the beginning of the year was still 84 percent. That reports the Financial Times Sunday.

Uber continues its competitors is still, but also San Francisco-based Lyft runs in on Uber. The smaller startup would now have a market share of around 20 percent in the US, and in hometown San Francisco even the 40 percent have tapped.

Second Measure is based on anonymised creditcardafschrijvingen to the market shares to estimate.

#DeleteUber

icularly around the #DeleteUber campaign on social media, at the beginning of this year, a significant decrease in the market share of Uber. That campaign was launched after Uber ceo Travis Kalanick was appointed as an adviser to president Donald Trump. He explained that function quickly down after he was under fire.

Also in the months after this campaign, when Uber among others, had to deal with negative news coverage about sexual harassment and theft of trade secrets.

Nonetheless, the company is a market leader, with a turnover of $ 3.4 billion in the first quarter. Lyft turned in a very 2016 a turnover of over 700 million dollars.

Both companies run significant losses in an attempt to grow quickly and to as many customers as possible to bind. Venture capitalists have a total of 13 billion dollars in Uber inserted, and Lyft took in april $ 600 million.

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