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image: siliconbeat.com

     Uber and Lyft, two companies responsible for the recent boom in the personal transportation sector, have continually fought for supremacy in the United States' growing on-demand taxi market. While Uber does have a $18.2 billion valuation (26 times higher than Lyft), Lyft CEO Logan Green has been doing his best to surpass Uber in new and creative ways. For example, Lyft has recently fitted its cars with pink mustaches (see image), in an effort to bolster its public image.

     However, it does seem as if Lyft has a long way to go if it wants to catch up to Uber. Uber has already expanded to 70 cities outside the United States (including Hong Kong, where I am from), while Lyft has yet to incorporate its services outside the US.

     Finally, the rivalry between these two companies is just another headache for both of them amongst restless protests from taxi drivers. By not implementing a physical 'fare meter', it seems as if Uber and Lyft have bypassed the regulations for taxi companies, sparking outrage in some communities. While Uber was recently declared legal in London, both companies still face legal challenges in the USA.

More on the rivalry (and a nice infographic) here.