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Natalie Leung

👤 Speaker
35 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

And it fits into your morning.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

Yes.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

If Uber's earnings was any guide, they posted pretty strong 4Q and Lyft is also expected to post pretty strong growth there.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

One of the strongest growths we've seen in nearly two years.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

Lyft is going to roll out AVs in a couple of cities this year, as they announced last year.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

Those are Dallas and Nashville.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So we might hear some of their rollout plans today and also hear them talk about how their fleet operations unit subsidiary, FlexDrive, might help with that.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So the fourth quarter will be the first full quarter where they take into account the European business, FreeNow, which is the taxi app in Europe that they acquired last year.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So they might get a boost there.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

And they've also acquired this chauffeuring business, which is like this high-end rides type, which could also bode well for the bottom line.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So last year was a big year for their silver product, which is aimed at elderly users.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

They simplified their app interface for users.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So there could be a boost in the rider base there.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

They also boost a lot of their partnerships.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

In November, they announced a partnership with United Air, letting people earn miles if they connect their accounts with Lyft.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

So that might attract more businesses there like on airport rides too.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

Yeah, like Lyft's business is, you know, 30 or 20 to 30 percent market share in the U.S.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

And they...

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

They're just starting with their global expansion compared to Uber, which is already in more than 30 countries.

Bloomberg Tech
Spotify User Growth, Paramount’s Enhanced Offer

And so there's still a lot to catch up there.

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