Lyft's focus is mainly in urban ridesharing market in the US and Canada, while Uber is eyeing for global exposure beyond just ridesharing verticals.

From the geographical and vertical perspectives, Lyft's expansion strategy indicates that it's the less ambitious competitor compared to Uber.

Global mobility space is projected to be a $15 trillion market, driven by the growth in the logistics market. We think Lyft will miss out on this opportunity.

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