Uber to steal a march on Lyft in resurgent rideshare market


FILE PHOTO: A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake

(Reuters) - Uber Technologies Inc's revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm's presence in major markets around the world gives it the heft to deal with inflationary pressures.

Ridesharing companies are starting to recover from pandemic lows as offices reopen and following a resurgence in travel on the back of reopening of closed borders and a strong U.S. dollar.

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