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Lyft Wants London After Uber Loses License | PYMNTS.com

Entering the U.K. market may be in Lyft’s long-term plans, but it won’t happen soon. The fact Lyft is considering moving demonstrates why Uber’s ongoing PR problems are a serious threat to Uber’s valuation. According to a news report in The Telegraph citing freedom of information records, while the talks don’t state Lyft is getting […]

Entering the U.K. market may be in Lyft’s long-term plans, but it won’t happen soon. The fact Lyft is considering moving demonstrates why Uber’s ongoing PR problems are a serious threat to Uber’s valuation.

According to a news report in The Telegraph citing freedom of information records, while the talks don’t state Lyft is getting into the U.K. market, they do show it has an interest in that market and in the city’s transport policy. News of the interest comes just days after the TfL declined to renew Uber’s license, dealing the leading ridesharing company a major blow.

Source: Lyft Wants London After Uber Loses License | PYMNTS.com

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