https://phys.org/news/2019-03-ride-hailing-giants-bumpy-road-profitability.html

Lyft will give investors their first in on the ride-hailing phenomenon when the company's stock begins trading on the Nasdaq, with Uber right on its heels.

But while both companies are growing fast, they are losing money just as quickly and face significant challenges to profitability. Last quarter, Uber lost $865 million while Lyft lost $249 million.