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Uber and Lyft ‘Well Positioned’ to Turn a Profit, Barclays Says
Lyft and Uber signage are displayed on the windshield of a vehicle in Los Angeles, California.
Photographer: Allison Zaucha/BloombergThis article is for subscribers only.
A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc.
When will they turn a profit?