The US government and GM may have conspired against Uber to promote Lyft. As Uber feels the heat in the run-up to a would-be record-shattering $120 billion IPO, the ride-hailing tech giant will have to take on Lyft, a Mercedes-BMW alliance, and possibly the U.S. government. Uber vs. Lyft: The Competition Heats Up In 2014, the Wall Street Journal reported that the rivalry between Uber and Lyft was the fiercest battle in tech. Today, as the two companies race to IPO, that battle continues in Japan. That’s because both SoftBank and Rakuten – the largest investors in Uber and Lyft, respectively
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