Part of Uber's increased losses are stemming directly from massive burn on Lyfts end to try and capitalize on Uber's problems.
1. GAAP v.s. non GAAP. Different media sites are reporting between 1.5B and 750B for Uber because of this discrepancy.
2. Timelines - Uber numbers are from Q3. Lyft from H1
3. Size discrepancies - it's better to look at loss per trip given that Uber is far bigger.
Overall I agree somewhat, but when what matters is explicitly runway (who can survive the longest), scaling for size may not make sense. Lyft's smaller current size might actually advantage them in this marathon.