Motley Fools Makes A Strong Case For Yandex Over Uber and Lyft

Uber has not given any timeline for turning a profit, but is counting on self-driving vehicles to eliminate cost. Lyft Inc. could turn a profit as early as 2022, but that remains to be seen.

I heard of Yandex years ago, as the Google of Russia.  Just like Google it has branched out into other businesses, such as Yandex Taxi.  I read an article by Motley Fools titled, Forget Uber and Lyft — Yandex Is a Better Ridesharing Play.

Lyft and Uber reported operating losses of $978 million and $3.03 billion, respectively, last year — and both companies warned that they might

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet