Part 7/8:
Looking ahead, both companies are investing in self-driving technology, which presents both tremendous opportunities and potential threats. For Uber, the in-house development contrasts with Lyft's partnerships, including one with GM to utilize self-driving Chevrolet Bolts in upcoming pilot programs.
The Uncertain Path to IPO
Despite promising growth potential, both unicorns remain hesitant about IPO timelines due to uncertain market conditions and ongoing financial losses. While some speculate that an Uber IPO could occur as early as the end of the year, many experts believe significant challenges persist before either company transitions to a public offering.