According to a new report from business travel expense firm Certify, Lyft is gaining on both taxis and Uber. The shift from taxis to ride-sharing companies may have hit a tipping point in New York City, while Lyft continues to show impressive growth.
This is the first quarter Certify has seen a drop in the percentage of receipts for Uber rides. Morgan Stanley said New York's taxi operators have now seen about 35 consecutive months of year-over-year declines in trips per day and in revenue.
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