Few other sectors suffered as much following the COVID-19 crisis as the ride-sharing industry. A rising star in the increasingly digitalized economy, the sector incurred severe damage following pandemic-related restrictions. Moving out of the malaise, only one winner might emerge from the rivalry between Uber (NYSE:UBER) and Lyft NASDAQ:LYFT). On Jan. 4, 2019, a little more than a year prior to the world absorbing a cataclysmic paradigm shift, the Pew Research Center reported that more Americans were using ride-hailing apps. Not surprisingly, young Americans and those in the ages 30 to 49 cohort gravitated heavily toward this pioneering segment of the broader sharing economy.
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