The Lyft and the Facebook ride sharing apps have seen their share of controversy this year, but the rideshared companies are still doing quite well.
According to data compiled by the non-profit advocacy group Rethink Uber, Lyft’s ride shareers now account for a whopping 31 percent of the rideshare industry’s market share.
And that number continues to grow: Rethank Uber found that Lyft is currently the top ridesharer in the U.S. with more than 6 million rides in the second quarter of 2017, making it the most popular ride sharing platform by far.
Lyft has also been growing fast, too.
In the first half of 2017 the company generated revenue of $3.5 billion, according to Rethan, which puts it third behind Uber and Lyft.
Lyft also posted $1.5 million in quarterly operating profit in the first quarter of this year.
In fact, Rethancode Uber’s first quarter profit was $1 billion, which is a huge gain for a ride sharing company.
Rethind Uber CEO, David Knauss, also highlighted Lyft’s growth this year during a panel discussion at the Future of the Uber conference in San Francisco.
He told the audience that the company is now the second-most popular ride share service after Uber, with almost 1.5 of the total rideshare market share in the United States.
Knass noted that he believes Lyft will be one of the top five most popular rideshare services in the future.
That’s because Lyft has built a lot of infrastructure around its service, including new technology that allows it to increase the number of riders by a million people in just two years.
In 2018, Lyft will add another 250,000 riders per day, and will have 3 million active drivers by 2021, according Knaes plans.
“There’s a lot going on in the world right now, and if you don’t invest in the people who are actually going to be using the platform, you’re not going to make much money,” Knaas said.
“And so if you want to grow, you need to invest in that.”
Rethas top priority is to keep riders from leaving Lyft by adding features to its app and building a more seamless experience for users.
Lyft will also continue to improve its platform, but with more attention paid to customer service, Knaaas says he believes the company will find success.
Rithas goal is to “improve the customer experience for the people,” Kanaas said, adding that the focus will be on building a “better” and “better-managed” ride sharing service.
Uber, meanwhile, has had a difficult year in the news.
On Monday, the company was slammed by regulators in New York for allegedly misleading customers about how much it would pay to get them off of Uber, as well as by the company’s own employees for using Lyft to arrange Uber rides for them.
Lyft is facing more scrutiny as a result of the company and its employees’ alleged misconduct.
Lyft faces several lawsuits from both Uber and its former employees.
Uber and the company also had to deal with a major lawsuit from a former Lyft employee who claims that the ride sharing companies are in violation of federal labor laws.
The suit is pending in federal court.
Rothas goal, in part, is to ensure that ride sharing does not take over the traditional taxi industry.
Uber has been a top contender in the industry, but it is facing pressure from ride sharing competitors, including Lyft, who have started offering a way for people to rent cars to take them from their homes to their destinations.
Rythas biggest competitor, meanwhile is Lyft, which has been on a roll.
The company has recently started offering ride sharing in more cities around the world, including New York City, Los Angeles, and San Francisco, which will be rolled out to more markets in the coming months.
Lyft said that it plans to launch in more than a dozen cities next year.
Lyft’s drivers have said that they have been treated better by the ride share platform than Uber’s drivers, and that they are working harder than ever to make Lyft’s platform even better.
The service has also started adding new features to make it easier for customers to manage their ride accounts.
For example, users can now see their own car in the Lyft carpool window, and they can easily see what apps they are using on the app and which are not.
And the company has even started adding support for its own apps, including its own app called Uber Go.
Lyft launched its own ride sharing app, called Lyft Go, in September 2017.
But the service was only available in some markets and at some times.
Lyft Go has been extremely popular, and is now available in over 100 cities across the United Sates.
Lyft says that more than 7 million rides have been made using the service.
The Uber app is also still available on