Dataset

[
    {
        "question": "Please explain the revolving credit of Lyft for year 2023 and its long term benefits?",
        "answer": "The revolving credit of Lyft for the year 2023, as mentioned in the document, states that Lyft had $1.7 billion in unrestricted cash and cash equivalents and short-term investments as of December 31, 2023, along with a credit facility. This indicates that Lyft had sufficient liquidity to meet its working capital and capital expenditure needs for at least the next 12 months.\n\nThe long-term benefits of having a revolving credit facility include financial flexibility, as it provides Lyft with access to funds when needed without having to go through the process of securing a new loan each time. It also helps Lyft manage its cash flow effectively, especially during uncertain macroeconomic environments. Additionally, having a revolving credit facility can support Lyft's growth initiatives, such as investing in EVs to achieve compliance with environmental standards and expanding its business operations.",
        "contexts": "['way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural'\n '97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128'\n 'also provide centralized tools and enterprise transportation solutions, such as our Concierge offering, that enable organizations to manage the\ntransportation needs of customers, employees and other constituents.\n•\nGrow Active Riders. We see opportunities to continue to grow our rider base. We may make incremental investments in our brand and in growth\nmarketing to maintain and drive increasing consumer preference for Lyft. We strive to provide a full range of price points and ride experiences such as\nWait & Save, which allows riders to save money by waiting for a ride, and Priority Pickup, which provides a premium experience by allowing riders\nto pay for prioritized pickup. We plan to continue to grow our ridesharing marketplace by prioritizing competitive service levels and attracting and\nretaining more drivers and riders on our network. Additionally, we continue to evaluate ways to expand our network coverage beyond the geographies\nand markets we currently serve. We also believe we are a beneficiary of demographic shifts, such as the growing percentage of the U.S. population\nthat is accustomed to on-demand services and has digital-first preferences.\n•\nGrow Our Share of Consumers’ Transportation Spend. Lyft’s transportation network is designed to address a wide range of mobility needs. The Lyft\nnetwork spans rideshare, bikes, and scooters and we are well positioned to deliver the best holistic experience to all of our riders and to capture\nsignificantly more of our market opportunity.\n•']",
        "ground_truth": "In 2023, Lyft entered into a revolving credit agreement with certain lenders for a 1.25 billion.  The long-term benefits of this revolving credit facility include providing Lyft with financial flexibility and access to capital when needed. It allows Lyft to borrow funds, repay them, and borrow again up to the agreed-upon limit, providing liquidity for operational needs, investments, or other strategic initiatives. Additionally, having a revolving credit facility in place can help Lyft manage its cash flow, take advantage of opportunities for growth, and navigate any unforeseen financial challenges."
    },
    {
        "question": "Could you give me a concise overview of the Business strategies employed by Uber and Lyft?",
        "answer": "Based on the provided context, the document is specifically about Lyft, not Uber. Therefore, the response should focus on Lyft's business strategies. \n\nLyft's business strategies include providing centralized tools and enterprise transportation solutions, growing their active riders through incremental investments in branding and marketing, expanding their network coverage, offering a variety of price points and ride experiences, and aiming to capture more of consumers' transportation spend by offering a wide range of mobility options through their ridesharing marketplace. They also generate revenue from various sources such as service fees, commissions, rentals, and partnerships. Additionally, Lyft focuses on technological innovation in mobility and providing a holistic transportation experience to their users.",
        "contexts": "['also provide centralized tools and enterprise transportation solutions, such as our Concierge offering, that enable organizations to manage the\ntransportation needs of customers, employees and other constituents.\n•\nGrow Active Riders. We see opportunities to continue to grow our rider base. We may make incremental investments in our brand and in growth\nmarketing to maintain and drive increasing consumer preference for Lyft. We strive to provide a full range of price points and ride experiences such as\nWait & Save, which allows riders to save money by waiting for a ride, and Priority Pickup, which provides a premium experience by allowing riders\nto pay for prioritized pickup. We plan to continue to grow our ridesharing marketplace by prioritizing competitive service levels and attracting and\nretaining more drivers and riders on our network. Additionally, we continue to evaluate ways to expand our network coverage beyond the geographies\nand markets we currently serve. We also believe we are a beneficiary of demographic shifts, such as the growing percentage of the U.S. population\nthat is accustomed to on-demand services and has digital-first preferences.\n•\nGrow Our Share of Consumers’ Transportation Spend. Lyft’s transportation network is designed to address a wide range of mobility needs. The Lyft\nnetwork spans rideshare, bikes, and scooters and we are well positioned to deliver the best holistic experience to all of our riders and to capture\nsignificantly more of our market opportunity.\n•'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches']",
        "ground_truth": "Based on the information provided in the 10K documents for 2023, both Uber and Lyft have growth strategies focused on increasing their user base, expanding their range of transportation services, and capturing a larger share of the transportation market. Lyft's growth strategy includes increasing rider use cases by offering various products and services such as Lyft Pink subscription plan, Lyft Pass commuter programs, and first-mile and last-mile services. They also aim to grow their share of consumers' transportation spend by providing a wide range of mobility options through their rideshare, bikes, and scooters network.On the other hand, Uber's growth strategy involves using their technology platform to connect consumers with various ride services, merchants, and delivery service providers. They also connect consumers with public transportation networks and provide solutions in the freight industry. Uber is also developing new technologies to solve everyday problems.Both companies face competition from other players in the market, and they are focused on innovation, technology, and expanding their services to stay competitive and attract more users."
    },
    {
        "question": "What are the details of Lyft's revolving credit for the year 2023 and how does it contribute to long-term benefits?",
        "answer": "The details of Lyft's revolving credit for the year 2023 are not explicitly mentioned in the provided context. However, it is mentioned that Lyft believes they have sufficient liquidity to meet their working capital and capital expenditures needs for at least the next 12 months, with $1.7 billion in unrestricted cash and cash equivalents as of December 31, 2023, as well as their credit facility. This revolving credit and liquidity contribute to long-term benefits by ensuring that Lyft can continue to operate, invest in growth opportunities, and support their transition to electric vehicles, ultimately contributing to a cleaner planet.",
        "contexts": "['97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128'\n 'our business goals. We are working to make the Lyft Platform more sustainable by helping drivers transition to EVs, riders take more sustainable modes, and\nbusinesses reduce their carbon footprint.\nThe rides that we facilitate on our platform make up over 95% of Lyft’s carbon emissions. Transitioning these rides from gas-powered to electric\nvehicles is the one of the best ways we can contribute long-term toward a cleaner planet.\nOver 8 million riders rode in an EV in 2023. Rides in electric vehicles generally get higher ratings and tips compared to rides in hybrids and gas cars.\nOver 20% of rides on the Lyft Platform are currently in a hybrid or an EV. In April 2023, we launched Green, where riders can select an EV or hybrid vehicle,\nspecifically for business travelers, and in January 2024, we expanded Green to nearly 40 airports in North America.\nBecause we stand at a pivotal moment in the fight against climate change, Lyft strives to grow EVs on the platform. In 2020, we made a commitment\nto reach 100% EVs across the Lyft Platform by the end of 2030. We still believe in the long-term transition to EVs, but now do not see a path to completing our\ntransition to 100% EVs by 2030 given the current EV landscape. Over the course of 2024 and 2025, we will invest an additional $80 million total to support'\n 'our business goals. We are working to make the Lyft Platform more sustainable by helping drivers transition to EVs, riders take more sustainable modes, and\nbusinesses reduce their carbon footprint.\nThe rides that we facilitate on our platform make up over 95% of Lyft’s carbon emissions. Transitioning these rides from gas-powered to electric\nvehicles is the one of the best ways we can contribute long-term toward a cleaner planet.\nOver 8 million riders rode in an EV in 2023. Rides in electric vehicles generally get higher ratings and tips compared to rides in hybrids and gas cars.\nOver 20% of rides on the Lyft Platform are currently in a hybrid or an EV. In April 2023, we launched Green, where riders can select an EV or hybrid vehicle,\nspecifically for business travelers, and in January 2024, we expanded Green to nearly 40 airports in North America.\nBecause we stand at a pivotal moment in the fight against climate change, Lyft strives to grow EVs on the platform. In 2020, we made a commitment\nto reach 100% EVs across the Lyft Platform by the end of 2030. We still believe in the long-term transition to EVs, but now do not see a path to completing our\ntransition to 100% EVs by 2030 given the current EV landscape. Over the course of 2024 and 2025, we will invest an additional $80 million total to support'\n 'way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural']",
        "ground_truth": "In 2023, Lyft entered into a revolving credit agreement with certain lenders for a 1.25 billion.  The long-term benefits of this revolving credit facility include providing Lyft with financial flexibility and access to capital when needed. It allows Lyft to borrow funds, repay them, and borrow again up to the agreed-upon limit, providing liquidity for operational needs, investments, or other strategic initiatives. Additionally, having a revolving credit facility in place can help Lyft manage its cash flow, take advantage of opportunities for growth, and navigate any unforeseen financial challenges."
    },
    {
        "question": "Could you analyze and compare the financial health of Uber and Lyft for the year 2023?",
        "answer": "Based on the provided context, the information focuses more on Lyft's financial details for the year 2023, including revenue sources, growth opportunities, and new features like Women+ Connect. There is limited information about Uber's financial health for the same year, with a brief mention of legal challenges related to driver classification and settlements with the New York Attorney General.\n\nTo analyze and compare the financial health of Uber and Lyft for the year 2023, a more detailed examination of both companies' financial statements, revenue sources, profitability, growth strategies, and potential risks would be necessary. Additional information on Uber's financial performance, revenue streams, and challenges would be needed to provide a comprehensive analysis and comparison with Lyft's financial status for the same period.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'Net income (loss) attributable to Uber Technologies, Inc. (29)% 5 %\n Totals of percentage of revenues may not foot due to rounding.\nComparison of the Years Ended December 31, 2022 and 2023\nRevenue\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nRevenue $ 31,877 $ 37,281 17 %\n2023 Compared to 2022\nRevenue increased $5.4 billion, or 17% year-over-year. Mobility revenue increased $5.8 billion primarily attributable to an increase in Mobility GrossBookings of 31% year-over-year. Delivery revenue increased $1.3 billion primarily attributable to an increase in Delivery Gross Bookings of 14% year-over-year.Revenue growth was partially offset by a $1.7 billion decrease in our Freight business, with Freight Gross Bookings declining 25% year-over-year. Additionally,the increase in Mobility and Delivery revenue was partially offset by business model changes in some countries that classified certain sales and marketing costs ascontra revenue, which negatively impacted revenue by $368 million and $796 million across Mobility and Delivery, respectively.\nCost of Revenue, Exclusive of Depreciation and Amortization\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nCost of revenue, exclusive of depreciation and amortization $ 19,659 $ 22,457 14 %'\n '97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128'\n 'June 28, 2023, and has set a briefing schedule. We expect a decision in 2024.\nMassachusetts Attorney General Lawsuit\nOn July 9, 2020, the Massachusetts Attorney General filed a complaint in Suffolk County Superior Court against Uber and Lyft. The complaint alleges Drivers\nare employees, and are entitled to protections under the wage and labor laws. Trial has been set for May 13, 2024, and the AG is currently only seeking an order\nregarding driver classification without any claims for monetary damages. Our chances of success on the merits are still uncertain and any reasonably possible loss\nor range of loss cannot be estimated.\nNew York Attorney General\nThe New York Attorney General has alleged misclassification of Drivers and related employment violations in New York by Uber as well as fraud related to\ncertain deductions. In November 2023, we reached an agreement to resolve this matter. In December 2023, we paid into a settlement fund which will be distributed\nto current and former drivers.\nSwiss Social Security Ruling\nSeveral Swiss administrative bodies have issued decisions in which they classify Drivers as employees of Uber Switzerland, Rasier Operations B.V. or of Uber\nB.V. for social security or labor purposes. We are challenging each of them before the Social Security and Administrative Tribunals.\nIn April 2021, a ruling was made that Uber Switzerland could not be held liable for social security contributions. The litigations with regards to Uber B.V. and']",
        "ground_truth": "Financial Highlights: Lyft, Inc. operates multimodal transportation networks in the United States and Canada. The company's revenue is primarily generated from its ridesharing marketplace connecting drivers and riders. Lyft collects service fees and commissions from drivers for their use of the ridesharing marketplace. G ross Bookings and Rides increase as drivers accept more rider leads.Operational Highlights: Lyft offers an expanded set of transportation modes in select cities, including shared bikes and scooters for shorter rides and multimodal trips. The company's platform and mobile-based applications facilitate peer-to-peer ridesharing by connecting drivers with riders. Lyft aims to grow its share of consumers' transportation spend by providing a wide range of mobility options. The company focuses on delivering increasing value to drivers by offering economic opportunities and programs like Express Drive for access to rental cars."
    },
    {
        "question": "When compared to Uber is Lyft financially stable?",
        "answer": "Based on the provided context, the financial stability of Lyft cannot be determined in comparison to Uber. The information provided focuses on Lyft's revenue sources, growth strategies, and services offered, but it does not directly compare Lyft's financial stability to that of Uber. Additional financial data and analysis would be needed to make a comparison in terms of financial stability between the two companies.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches']",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "Can you compare the growth strategies between Uber and Lyft based on the 10K document for year 2023?",
        "answer": "Based on the information provided in the 10K documents for Uber and Lyft for the year 2023, both companies have growth strategies focused on expanding their rider base, increasing consumer preference, and growing their share of consumers' transportation spend. \n\nLyft plans to make incremental investments in its brand and growth marketing to drive consumer preference, provide a range of price points and ride experiences, and expand its network coverage. They also aim to capture more of the market opportunity by offering a wide range of mobility solutions.\n\nOn the other hand, Uber describes itself as a technology platform that connects consumers with ride services, merchants, delivery service providers, and public transportation networks. They also connect shippers with carriers in the freight industry. Uber is developing technologies to provide new solutions to everyday problems.\n\nIn summary, while both companies have growth strategies focused on expanding their user base and increasing market share, Lyft's focus seems to be more on ridesharing and mobility solutions, while Uber's strategy is broader, encompassing various transportation and delivery services.",
        "contexts": "['protect our intellectual property rights, they may not be respected in the future or may be invalidated, circumvented or challenged. For additional information,\nsee the sections titled “Risk Factors—Risks Related to Regulatory and Legal Factors—Claims by others that we infringed their proprietary technology or other\nintellectual property rights could harm our business” and “Risk Factors—Risks Related to Regulatory and Legal Factors—Failure to protect or enforce our\nintellectual property rights could harm our business, financial condition and results of operations.”\nOur Growth Strategy\nTransportation represents a massive market opportunity, one that we are in the very early stages of addressing. Our key growth strategies include our\nplans to:\n• Increase Rider Use Cases. We are continuously working to make Lyft the transportation network of choice across an expanding range of use cases. We\noffer products to simplify travel decision-making, for example with our Lyft Pink subscription plan, Lyft Pass commuter programs, first-mile and last-\nmile services and university ride smart programs. We\n7'\n 'protect our intellectual property rights, they may not be respected in the future or may be invalidated, circumvented or challenged. For additional information,\nsee the sections titled “Risk Factors—Risks Related to Regulatory and Legal Factors—Claims by others that we infringed their proprietary technology or other\nintellectual property rights could harm our business” and “Risk Factors—Risks Related to Regulatory and Legal Factors—Failure to protect or enforce our\nintellectual property rights could harm our business, financial condition and results of operations.”\nOur Growth Strategy\nTransportation represents a massive market opportunity, one that we are in the very early stages of addressing. Our key growth strategies include our\nplans to:\n•\nIncrease Rider Use Cases. We are continuously working to make Lyft the transportation network of choice across an expanding range of use cases. We\noffer products to simplify travel decision-making, for example with our Lyft Pink subscription plan, Lyft Pass commuter programs, first-mile and last-\nmile services and university ride smart programs. We\n7'\n 'also provide centralized tools and enterprise transportation solutions, such as our Concierge offering, that enable organizations to manage the\ntransportation needs of customers, employees and other constituents.\n•\nGrow Active Riders. We see opportunities to continue to grow our rider base. We may make incremental investments in our brand and in growth\nmarketing to maintain and drive increasing consumer preference for Lyft. We strive to provide a full range of price points and ride experiences such as\nWait & Save, which allows riders to save money by waiting for a ride, and Priority Pickup, which provides a premium experience by allowing riders\nto pay for prioritized pickup. We plan to continue to grow our ridesharing marketplace by prioritizing competitive service levels and attracting and\nretaining more drivers and riders on our network. Additionally, we continue to evaluate ways to expand our network coverage beyond the geographies\nand markets we currently serve. We also believe we are a beneficiary of demographic shifts, such as the growing percentage of the U.S. population\nthat is accustomed to on-demand services and has digital-first preferences.\n•\nGrow Our Share of Consumers’ Transportation Spend. Lyft’s transportation network is designed to address a wide range of mobility needs. The Lyft\nnetwork spans rideshare, bikes, and scooters and we are well positioned to deliver the best holistic experience to all of our riders and to capture\nsignificantly more of our market opportunity.\n•']",
        "ground_truth": "Based on the information provided in the 10K documents for 2023, both Uber and Lyft have growth strategies focused on increasing their user base, expanding their range of transportation services, and capturing a larger share of the transportation market. Lyft's growth strategy includes increasing rider use cases by offering various products and services such as Lyft Pink subscription plan, Lyft Pass commuter programs, and first-mile and last-mile services. They also aim to grow their share of consumers' transportation spend by providing a wide range of mobility options through their rideshare, bikes, and scooters network.On the other hand, Uber's growth strategy involves using their technology platform to connect consumers with various ride services, merchants, and delivery service providers. They also connect consumers with public transportation networks and provide solutions in the freight industry. Uber is also developing new technologies to solve everyday problems.Both companies face competition from other players in the market, and they are focused on innovation, technology, and expanding their services to stay competitive and attract more users."
    },
    {
        "question": "Can you provide a summary of the Financial and Operational Highlights of Uber?How would you describe the Business overview of Uber and Lyft in a nutshell?",
        "answer": "Based on the provided context, here are the answers to the questions:\n\n1. Summary of the Financial and Operational Highlights of Uber:\n   - Monthly Active Platform Consumers (MAPCs): 150 million\n   - Trips: 9,448 million\n   - Gross Bookings: $137,865 million\n   - Revenue: $37,281 million\n   - Income (loss) from operations: $1,110 million\n   - Net income (loss) attributable to Uber Technologies, Inc.: $1,887 million\n   - Adjusted EBITDA: $4,052 million\n   - Net cash provided by operating activities: $3,585 million\n   - Free cash flow: $3,362 million\n\n2. Business overview of Uber and Lyft in a nutshell:\n   - Uber: Uber Technologies, Inc. is a technology platform that connects consumers with ride services, delivery services, and public transportation networks. They use leading technology and operational excellence to power movement from point A to point B.\n   - Lyft: Lyft, Inc. is a multimodal transportation network that connects drivers with riders through their ridesharing marketplace. They aim to revolutionize transportation by providing drivers with control over their time and money and getting riders out into the world to live their lives together.",
        "contexts": "['Financial and Operational Highlights\nYear Ended December 31,\n(In millions, except percentages)\n2022\n2023\n% Change\n% Change\n(Constant Currency )\nMonthly Active Platform Consumers (“MAPCs”) \n131\n150\n15\\xa0%\nTrips \n7,642\n9,448\n24\\xa0%\nGross Bookings \n$\n115,395\\xa0\n$\n137,865\\xa0\n19\\xa0%\n20\\xa0%\nRevenue\n$\n31,877\\xa0\n$\n37,281\\xa0\n17\\xa0%\n18\\xa0%\nIncome (loss) from operations\n$\n(1,832)\n$\n1,110\\xa0\n**\nNet income (loss) attributable to Uber Technologies, Inc.\n$\n(9,141)\n$\n1,887\\xa0\n**\nAdjusted EBITDA \n$\n1,713\\xa0\n$\n4,052\\xa0\n137\\xa0%\nNet cash provided by operating activities \n$\n642\\xa0\n$\n3,585\\xa0\n**\nFree cash flow \n$\n390\\xa0\n$\n3,362\\xa0\n**\n See the section titled “Reconciliations of Non-GAAP Financial Measures” for more information and reconciliations to the most directly comparable GAAP\nfinancial measure.'\n 'PART I\nItem 1. Business.\nOverview\nLyft, Inc. (the “Company” or “Lyft”) started a movement to revolutionize transportation. In 2012, we launched our peer-to-peer marketplace for on-\ndemand ridesharing and have continued to pioneer innovations. Today, Lyft is one of the largest multimodal transportation networks in the United States and\nCanada. We have an important purpose, which is to get riders out into the world so they can live their lives together, and to provide drivers a way to work that\ngives them control over their time and money.\nOur ridesharing marketplace connects drivers with riders via the Lyft mobile application (the “Lyft App”) in cities across the United States and in\nselect cities in Canada. We have established a scaled network of users brought together by our robust technology platform (the “Lyft Platform”) that powers\nrides and connections every day. We leverage our technology platform, the scale and density of our user network and insights from a significant number of\nrides to improve our ridesharing marketplace efficiency and develop new offerings. We’ve also taken steps to ensure our network is well positioned to benefit\nfrom technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and'\n 'PART I\nItem 1.\\xa0Business.\nOverview\nLyft, Inc. (the “Company” or “Lyft”) started a movement to revolutionize transportation. In 2012, we launched our peer-to-peer marketplace for on-\ndemand ridesharing and have continued to pioneer innovations. Today, Lyft is one of the largest multimodal transportation networks in the United States and\nCanada. We have an important purpose, which is to get riders out into the world so they can live their lives together, and to provide drivers a way to work that\ngives them control over their time and money.\nOur ridesharing marketplace connects drivers with riders via the Lyft mobile application (the “Lyft App”) in cities across the United States and in\nselect cities in Canada. We have established a scaled network of users brought together by our robust technology platform (the “Lyft Platform”) that powers\nrides and connections every day. We leverage our technology platform, the scale and density of our user network and insights from a significant number of\nrides to improve our ridesharing marketplace efficiency and develop new offerings. We’ve also taken steps to ensure our network is well positioned to benefit\nfrom technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and'\n 'PART I\nITEM 1. BUSINESS\nOverview\nUber Technologies, Inc. (“Uber,” “we,” “our,” or “us”) is a technology platform that uses a massive network, leading technology, operational excellence and\nproduct expertise to power movement from point A to point B. We develop and operate proprietary technology applications supporting a variety of offerings on our\nplatform (“platform(s)” or “Platform(s)”). We connect consumers (“Rider(s)”) with independent providers of ride services (“Mobility Driver(s)”) for ridesharing\nservices, and connect Riders and other consumers (“Eater(s)”) with restaurants, grocers and other stores (collectively, “Merchants”) with delivery service providers\n(“Couriers”) for meal preparation, grocery and other delivery services. Riders and Eaters are collectively referred to as “end-user(s)” or “consumer(s).” Mobility\nDrivers and Couriers are collectively referred to as “Driver(s).” We also connect consumers with public transportation networks. We use this same network,']",
        "ground_truth": "Financial Highlights: Lyft, Inc. operates multimodal transportation networks in the United States and Canada. The company's revenue is primarily generated from its ridesharing marketplace connecting drivers and riders. Lyft collects service fees and commissions from drivers for their use of the ridesharing marketplace. G ross Bookings and Rides increase as drivers accept more rider leads.Operational Highlights: Lyft offers an expanded set of transportation modes in select cities, including shared bikes and scooters for shorter rides and multimodal trips. The company's platform and mobile-based applications facilitate peer-to-peer ridesharing by connecting drivers with riders. Lyft aims to grow its share of consumers' transportation spend by providing a wide range of mobility options. The company focuses on delivering increasing value to drivers by offering economic opportunities and programs like Express Drive for access to rental cars."
    },
    {
        "question": "How does Lyft's financial stability in 2023 compare to Uber's?",
        "answer": "Based on the provided context, the information focuses more on Lyft's revenue sources, growth opportunities, and challenges related to pricing and driver models. There is no direct comparison of Lyft's financial stability with Uber's financial stability in 2023. To make a comparison, a detailed analysis of both Lyft and Uber's financial statements, revenue sources, expenses, and market performance would be necessary.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'June 28, 2023, and has set a briefing schedule. We expect a decision in 2024.\nMassachusetts Attorney General Lawsuit\nOn July 9, 2020, the Massachusetts Attorney General filed a complaint in Suffolk County Superior Court against Uber and Lyft. The complaint alleges Drivers\nare employees, and are entitled to protections under the wage and labor laws. Trial has been set for May 13, 2024, and the AG is currently only seeking an order\nregarding driver classification without any claims for monetary damages. Our chances of success on the merits are still uncertain and any reasonably possible loss\nor range of loss cannot be estimated.\nNew York Attorney General\nThe New York Attorney General has alleged misclassification of Drivers and related employment violations in New York by Uber as well as fraud related to\ncertain deductions. In November 2023, we reached an agreement to resolve this matter. In December 2023, we paid into a settlement fund which will be distributed\nto current and former drivers.\nSwiss Social Security Ruling\nSeveral Swiss administrative bodies have issued decisions in which they classify Drivers as employees of Uber Switzerland, Rasier Operations B.V. or of Uber\nB.V. for social security or labor purposes. We are challenging each of them before the Social Security and Administrative Tribunals.\nIn April 2021, a ruling was made that Uber Switzerland could not be held liable for social security contributions. The litigations with regards to Uber B.V. and'\n '97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128']",
        "ground_truth": "Lyft, Inc. started a movement to revolutionize transportation in 2012 with a peer-to-peer marketplace for on-demand ridesharing. They have continued to pioneer innovations and are now one of the largest multimodal transportation networks in the United States and Canada. Lyft's purpose is to get riders out into the world and provide drivers with control over their time and money. They offer a ridesharing marketplace through the Lyft App, connecting drivers with riders and providing various transportation modes. Uber Technologies, Inc. is a technology platform that powers movement from point A to point B. They connect consumers with providers of ride services, merchants, and delivery service providers. Uber also connects consumers with public transportation networks and carriers in the freight industry. They are developing technologies to provide new solutions for everyday problems."
    },
    {
        "question": "Can you provide an overview of Lyft's revolving credit in 2023 and its potential long-term advantages?",
        "answer": "Based on the provided context, Lyft entered into a revolving credit agreement in 2023, which was subsequently amended to allow for refinancing of existing junior indebtedness and repurchase of certain notes. This revolving credit facility, along with unrestricted cash and cash equivalents, provides Lyft with liquidity to meet its working capital and capital expenditure needs for at least the next 12 months. The potential long-term advantage of this revolving credit facility is that it ensures Lyft has the financial resources to support its growth, attract and retain drivers and riders, and invest in initiatives such as transitioning to electric vehicles to meet environmental standards.",
        "contexts": "['97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128'\n 'way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural'\n 'way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural']",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "Can you please compare the financial status for both the companies for the year 2023?",
        "answer": "Based on the provided context, in the year 2023, Lyft reported a revenue of $4,403.6 million, with a net loss of $340.3 million, representing a net loss percentage of 7.7%. On the other hand, Uber reported a revenue of $4,095.1 million, with a net loss of $1,584.5 million, representing a net loss percentage of 38.7%. Therefore, in terms of financial status for the year 2023, Lyft performed better than Uber as Lyft had a lower net loss percentage compared to Uber.",
        "contexts": "['Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.\nThe following discussion and analysis of our financial condition and results of operations should be read in conjunction with the consolidated\nfinancial statements and related notes thereto included elsewhere in this Annual Report on Form 10-K. This section of this Form 10-K generally discusses\nfiscal years 2023 and 2022 and year-to-year comparisons between 2023 and 2022. Discussions of fiscal year 2021 and year-to-year comparisons between\n2022 and 2021 that are not included in this Form 10-K can be found in “Management’s Discussion and Analysis of Financial Condition and Results of\nOperations” in Part II, Item 7 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. This discussion contains forward-\nlooking statements that involve risks and uncertainties. Factors that could cause or contribute to such differences include those identified below and those\ndiscussed in the section titled “Risk Factors” and other parts of this Annual Report on Form 10-K. Our historical results are not necessarily indicative of the\nresults that may be expected for any period in the future.\nFinancial and Operational Results for the Year Ended December 31, 2023\nYear Ended December 31,\n2023 2022 2022 to 2023 % Change\n(in millions, except percentages)\nGAAP Financial Measures'\n 'Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.\nThe following discussion and analysis of our financial condition and results of operations should be read in conjunction with the consolidated\nfinancial statements and related notes thereto included elsewhere in this Annual Report on Form 10-K. This section of this Form 10-K generally discusses\nfiscal years 2023 and 2022 and year-to-year comparisons between 2023 and 2022. Discussions of fiscal year 2021 and year-to-year comparisons between\n2022 and 2021 that are not included in this Form 10-K can be found in “Management’s Discussion and Analysis of Financial Condition and Results of\nOperations” in Part II, Item 7 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. This discussion contains forward-\nlooking statements that involve risks and uncertainties. Factors that could cause or contribute to such differences include those identified below and those\ndiscussed in the section titled “Risk Factors” and other parts of this Annual Report on Form 10-K. Our historical results are not necessarily indicative of the\nresults that may be expected for any period in the future.\nFinancial and Operational Results for the Year Ended December 31, 2023\nYear Ended December 31,\n2023\n2022\n2022 to 2023 % Change\n(in millions, except percentages)\nGAAP Financial Measures'\n 'Other income (expense), net 3.9 (2.4) 4.2 \nLoss before income taxes (7.5) (38.5) (32.8)\nProvision for (benefit from) income taxes 0.2 0.1 0.3 \nNet loss (7.7)% (38.7)% (33.1)%\nComparison of Years Ended December 31, 2023 and 2022\nRevenue\nYear Ended December 31, 2023 to 2022% change 2022 to 2021 %Change2023 2022 2021\n(in thousands, except for percentages)\nRevenue $ 4,403,589 $ 4,095,135 $ 3,208,323 8 % 28 %\nRevenue increased $308.5 million, or 8%, in 2023 as compared to the prior year, due primarily to growth in demand along with our improved\nmarketplace health and competitive pricing adjustments initiated in early 2023. Improving marketplace health was reflected in increases in Gross Bookings,\nRides and Active Riders in the year ended December 31, 2023 as compared to 2022.\n62'\n 'Operations and Support\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nOperations and support $ 2,413 $ 2,689 11 %\nPercentage of revenue 8 % 7 %\n2023 Compared to 2022\nOperations and support expenses increased $276 million, or 11%, primarily attributable to a $132 million increase in employee headcount costs, a $58 millionincrease in Driver background checks, and a $47 million increase in external contractor expenses.\nSales and Marketing\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nSales and marketing $ 4,756 $ 4,356 (8)%\nPercentage of revenue 15 % 12 %\n2023 Compared to 2022\nSales and marketing expenses decreased $400 million, or 8%, primarily attributable to a $448 million decrease in consumer discounts, promotions, credits andrefunds to $1.7 billion compared to $2.2 billion in 2022. The decrease in consumer discounts, promotions, credits and refunds is primarily attributed to businessmodel changes in some countries that classified certain sales and marketing costs as contra revenue totaling $1.2 billion, partially offset by a $716 million increasein consumer discounts, promotions, credits and refunds spend globally.\nResearch and Development\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023'\n 'greater resources to deploy towards the research, development and commercialization of new technologies, including autonomous vehicle technology or Light\nVehicles, or they may have other financial, technical or resource advantages. These factors may allow our competitors or potential competitors to derive greater\ngross bookings, revenue and profits from their existing user bases, attract and retain qualified drivers and riders at lower costs, offer more attractive pricing on\ntheir platforms or respond more quickly to new and emerging technologies, revenue opportunities and trends. Our current and potential competitors may also\nestablish cooperative or strategic relationships, or consolidate, amongst themselves or with third parties that may further enhance their resources and offerings.\nWe believe that our ability to compete effectively depends upon many factors both within and beyond our control, and if we are unable to compete\nsuccessfully, our business, financial condition and results of operations could be adversely affected.\nOur results of operations vary and are unpredictable from period-to-period, which could cause the trading price of our Class A common stock to decline.\nOur results of operations have historically varied from period-to-period and we expect that our results of operations will continue to do so for a variety\nof reasons, many of which are outside of our control and difficult to predict. Because our results of operations may vary significantly from quarter-to-quarter'\n 'greater resources to deploy towards the research, development and commercialization of new technologies, including autonomous vehicle technology or Light\nVehicles, or they may have other financial, technical or resource advantages. These factors may allow our competitors or potential competitors to derive greater\ngross bookings, revenue and profits from their existing user bases, attract and retain qualified drivers and riders at lower costs, offer more attractive pricing on\ntheir platforms or respond more quickly to new and emerging technologies, revenue opportunities and trends. Our current and potential competitors may also\nestablish cooperative or strategic relationships, or consolidate, amongst themselves or with third parties that may further enhance their resources and offerings.\nWe believe that our ability to compete effectively depends upon many factors both within and beyond our control, and if we are unable to compete\nsuccessfully, our business, financial condition and results of operations could be adversely affected.\nOur results of operations vary and are unpredictable from period-to-period, which could cause the trading price of our Class A common stock to decline.\nOur results of operations have historically varied from period-to-period and we expect that our results of operations will continue to do so for a variety\nof reasons, many of which are outside of our control and difficult to predict. Because our results of operations may vary significantly from quarter-to-quarter']",
        "ground_truth": "In 2023, Lyft entered into a revolving credit agreement with certain lenders for a 1.25 billion.  The long-term benefits of this revolving credit facility include providing Lyft with financial flexibility and access to capital when needed. It allows Lyft to borrow funds, repay them, and borrow again up to the agreed-upon limit, providing liquidity for operational needs, investments, or other strategic initiatives. Additionally, having a revolving credit facility in place can help Lyft manage its cash flow, take advantage of opportunities for growth, and navigate any unforeseen financial challenges."
    },
    {
        "question": "Can you compare the cost and expenses between Lyft and Uber for year 2023? Also let me know which company faired better?",
        "answer": "Based on the provided information, the cost and expenses for Lyft in 2023 were as follows:\n- Cost of revenue: $2,543,954\n- Operations and support: $427,239\n- Research and development: $555,916\n- Sales and marketing: $481,004\n- General and administrative: $871,080\n- Total costs and expenses: $4,879,193\n\nFor Uber in 2023, the cost of revenue, exclusive of depreciation and amortization, was $22,457 million.\n\nIn comparing the cost and expenses between Lyft and Uber for the year 2023, it is evident that Uber had significantly higher costs and expenses compared to Lyft. Lyft's total costs and expenses were $4,879,193, while Uber's cost of revenue alone was $22,457 million.\n\nTherefore, based on the information provided, Lyft fared better in terms of cost and expenses in the year 2023 compared to Uber.",
        "contexts": "['additional costs and we expect to face other challenges as we transition drivers to these new models, including changes to our pricing. We have also tested or\nlaunched, and may in the future test or launch, certain changes to the rates, fees and payment structure for drivers on our platform, which may not ultimately be\nsuccessful in attracting and retaining qualified drivers. Moreover, successful litigation to overturn Proposition 22, litigation over Lyft’s compliance with\nProposition 22, or the reclassification of drivers on our platform as employees could reduce the available supply of drivers as drivers leave the platform due to\nthe changes in flexibility under an employment model. While we do and will attempt to optimize ride prices and balance supply and demand in our ridesharing\nmarketplace, our assessments may not be accurate. We have experienced in the past and may experience in the future underpricing or overpricing of our\nofferings due to changes we make to the technology used in our pricing. In addition, if the offerings on our platform change, then we may need to revise our\npricing methodologies. As we continue to launch new and develop existing asset-intensive offerings such as our network of Light Vehicles and certain vehicles\nin our Express Drive program, factors such as maintenance, debt service, depreciation, asset life, supply chain efficiency and asset replacement may affect our\npricing methodologies. In addition, we\n23'\n 'additional costs and we expect to face other challenges as we transition drivers to these new models, including changes to our pricing. We have also tested or\nlaunched, and may in the future test or launch, certain changes to the rates, fees and payment structure for drivers on our platform, which may not ultimately be\nsuccessful in attracting and retaining qualified drivers. Moreover, successful litigation to overturn Proposition 22, litigation over Lyft’s compliance with\nProposition 22, or the reclassification of drivers on our platform as employees could reduce the available supply of drivers as drivers leave the platform due to\nthe changes in flexibility under an employment model. While we do and will attempt to optimize ride prices and balance supply and demand in our ridesharing\nmarketplace, our assessments may not be accurate. We have experienced in the past and may experience in the future underpricing or overpricing of our\nofferings due to changes we make to the technology used in our pricing. In addition, if the offerings on our platform change, then we may need to revise our\npricing methodologies. As we continue to launch new and develop existing asset-intensive offerings such as our network of Light Vehicles and certain vehicles\nin our Express Drive program, factors such as maintenance, debt service, depreciation, asset life, supply chain efficiency and asset replacement may affect our\npricing methodologies. In addition, we\n23'\n 'features, expand in existing and new markets and continue to invest in our platform and customer engagement. In addition, certain costs, such as insurance and\ndriver pay and incentives have increased or fluctuated as a result of the COVID-19 pandemic, macroeconomic factors and the development and maturation of\nour business and the rideshare industry and may continue to do so. We may be unable to accurately predict these costs and our investments may not result in\nincreased revenue or growth in our business. For example, we have incurred and will continue to incur additional costs and expenses associated with the\npassage of Proposition 22 in California, HB 2076 in Washington and implementation of operational changes as part of an agreement with the New York\nAttorney General, including providing drivers in these states with new earnings opportunities and protections, including contributions towards on-the-job injury\ninsurance, other benefits and minimum guaranteed earnings. In addition, various jurisdictions have introduced legislation setting high earnings standards and\nincreasing other costs to the business including insurance. Due to various factors, including inflation, we anticipate that our insurance costs will continue to\nincrease and will impact our profitability. Furthermore, we have expanded over time to include more asset-intensive offerings such as our network of Light\nVehicles and Flexdrive. These offerings and programs require significant capital investments and recurring costs, including debt payments, maintenance,'\n 'features, expand in existing and new markets and continue to invest in our platform and customer engagement. In addition, certain costs, such as insurance and\ndriver pay and incentives have increased or fluctuated as a result of the COVID-19 pandemic, macroeconomic factors and the development and maturation of\nour business and the rideshare industry and may continue to do so. We may be unable to accurately predict these costs and our investments may not result in\nincreased revenue or growth in our business. For example, we have incurred and will continue to incur additional costs and expenses associated with the\npassage of Proposition 22 in California, HB 2076 in Washington and implementation of operational changes as part of an agreement with the New York\nAttorney General, including providing drivers in these states with new earnings opportunities and protections, including contributions towards on-the-job injury\ninsurance, other benefits and minimum guaranteed earnings. In addition, various jurisdictions have introduced legislation setting high earnings standards and\nincreasing other costs to the business including insurance. Due to various factors, including inflation, we anticipate that our insurance costs will continue to\nincrease and will impact our profitability. Furthermore, we have expanded over time to include more asset-intensive offerings such as our network of Light\nVehicles and Flexdrive. These offerings and programs require significant capital investments and recurring costs, including debt payments, maintenance,'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches']",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "Can you provide a financial comparison between Uber and Lyft for the year 2023?",
        "answer": "Based on the provided context, we can see that Uber's revenue for the year 2023 was $37,281 million, which represented a 17% increase from the previous year. On the other hand, Lyft's revenue for the same year was $4,403,589 thousand (or $4.403 billion), which was lower compared to Uber's revenue. Additionally, Lyft incurred a loss from operations of $475,604 thousand in 2023. This indicates that Uber had a higher revenue and potentially better financial performance compared to Lyft in the year 2023.",
        "contexts": "['June 28, 2023, and has set a briefing schedule. We expect a decision in 2024.\nMassachusetts Attorney General Lawsuit\nOn July 9, 2020, the Massachusetts Attorney General filed a complaint in Suffolk County Superior Court against Uber and Lyft. The complaint alleges Drivers\nare employees, and are entitled to protections under the wage and labor laws. Trial has been set for May 13, 2024, and the AG is currently only seeking an order\nregarding driver classification without any claims for monetary damages. Our chances of success on the merits are still uncertain and any reasonably possible loss\nor range of loss cannot be estimated.\nNew York Attorney General\nThe New York Attorney General has alleged misclassification of Drivers and related employment violations in New York by Uber as well as fraud related to\ncertain deductions. In November 2023, we reached an agreement to resolve this matter. In December 2023, we paid into a settlement fund which will be distributed\nto current and former drivers.\nSwiss Social Security Ruling\nSeveral Swiss administrative bodies have issued decisions in which they classify Drivers as employees of Uber Switzerland, Rasier Operations B.V. or of Uber\nB.V. for social security or labor purposes. We are challenging each of them before the Social Security and Administrative Tribunals.\nIn April 2021, a ruling was made that Uber Switzerland could not be held liable for social security contributions. The litigations with regards to Uber B.V. and'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n '97.1 Executive Compensation Clawback Policy, as amended and restated as ofOctober 2, 2023.\n101 The following financial information from Lyft, Inc.’s Annual Report on Form10-K for the fiscal year ended December 31, 2023 formatted in Inline XBRL(eXtensible Business Reporting Language): (i) Consolidated Statements ofOperations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)Consolidated Statements of Comprehensive Income (Loss) for the fiscalyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated BalanceSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements ofCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;(v) Consolidated Statements of Stockholders’ Equity for the fiscal yearsended December 31, 2023, 2022, and 2021; and (vi) Notes to theConsolidated Financial Statements.\n104 The cover page from Lyft, Inc’s Annual Report on Form 10-K for the yearended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+    Indicates management contract or compensatory plan.\n128'\n 'Operations for the fiscal years ended December 31, 2023, 2022 and 2021; (ii)\nConsolidated Statements of Comprehensive Income (Loss) for the fiscal\nyears ended December 31, 2023, 2022, and 2021; (iii) Consolidated Balance\nSheets as of December 31, 2023 and 2022; (iv) Consolidated Statements of\nCash Flows for the fiscal years ended December 31, 2023, 2022, and 2021;\n(v) Consolidated Statements of Stockholders’ Equity for the fiscal years\nended December 31, 2023, 2022, and 2021; and (vi) Notes to the\nConsolidated Financial Statements.\n104\nThe cover page from Lyft, Inc’s Annual Report on Form 10-K for the year\nended December 31, 2023, formatted in iXBRL (included as Exhibit 101).\n_______________\n+\\xa0\\xa0\\xa0\\xa0Indicates management contract or compensatory plan.\n128']",
        "ground_truth": "In 2023, Lyft reported total costs and expenses of 36,171 million. Comparing the two, Lyft had higher costs and expenses than Uber for the year 2023. Therefore, Uber fared better in terms of managing costs and expenses in 2023.Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "Could you give me an overview of Lyft's Financial and Operational performance?",
        "answer": "Based on the provided context, Lyft's financial performance is primarily driven by its ridesharing marketplace connecting drivers and riders, generating revenue through service fees, commissions, rentals of Light Vehicles, and other business offerings like Lyft Business, licensing agreements, and hardware sales. The company also began generating revenue from the sale of bikes and bike station software and hardware. In terms of operational performance, Lyft aims to grow its rider base, provide a range of price points and ride experiences, expand its network coverage, and capture more of the transportation market spend. Additionally, Lyft faces challenges in predicting driver locations, potential competition from other transportation offerings, and the need to manage the complexities of its expanding multimodal platform.",
        "contexts": "[\"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"\n \"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches']",
        "ground_truth": "Financial Highlights: Lyft, Inc. operates multimodal transportation networks in the United States and Canada. The company's revenue is primarily generated from its ridesharing marketplace connecting drivers and riders. Lyft collects service fees and commissions from drivers for their use of the ridesharing marketplace. G ross Bookings and Rides increase as drivers accept more rider leads.Operational Highlights: Lyft offers an expanded set of transportation modes in select cities, including shared bikes and scooters for shorter rides and multimodal trips. The company's platform and mobile-based applications facilitate peer-to-peer ridesharing by connecting drivers with riders. Lyft aims to grow its share of consumers' transportation spend by providing a wide range of mobility options. The company focuses on delivering increasing value to drivers by offering economic opportunities and programs like Express Drive for access to rental cars."
    },
    {
        "question": "In terms of financial stability, how does Lyft stack up against Uber for the year 2023?",
        "answer": "Based on the provided context, Lyft generated revenue from various sources such as ridesharing marketplace, rental services, and licensing agreements. They also launched new features to attract more drivers and riders. On the other hand, Uber faced legal challenges related to driver classification and employment violations, which could potentially impact their financial stability. Therefore, Lyft appears to have a more stable financial position compared to Uber for the year 2023.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches']",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "How does Lyft's revolving credit in 2023 work and what are the advantages it offers in the long run?",
        "answer": "Lyft's revolving credit in 2023 provides the company with $1.7 billion in unrestricted cash and cash equivalents and short-term investments as of December 31, 2023. This credit facility, along with their liquidity, is believed to be sufficient to meet their working capital and capital expenditures needs for at least the next 12 months. The advantages of this revolving credit include providing financial stability, ensuring liquidity for operational needs, and supporting future growth initiatives such as investments in EVs to achieve compliance with environmental standards.",
        "contexts": "['way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural'\n 'way to earn while their kids are in school, or seniors interested in meeting new people. The flexibility to work on their own schedules is a core benefit of\ndriving with Lyft, and millions of drivers use the platform to support their families or build toward their dreams. We keep working to understand who drivers\nare and how they use Lyft through our annual Economic Impact Report.\nWe want to improve the lives of everyone we interact with, but know that targeted programs can have an outsized impact. Through our Lyft Up\ninitiative, we’re working to provide riders access to affordable, reliable transportation to get where they need to go — no matter their age, income, zip, or postal\ncode. In 2023, Lyft provided access to millions of discounted or donated rideshare, bikeshare, and shared scooter rides to people in need. We provided access to\nmillions of discounted or donated rideshare, bikeshare, and shared scooter rides to help people in need. Some of our current Lyft Up programs assist the\ncommunity by providing rides to and from jobs, job interviews and trainings, the grocery store for those living in food-insecure areas, and by providing\ndiscounted bikeshare memberships and heavily discounted electric bikes to income eligible riders. Other Lyft Up programs provide donated ride credits to\nresettlement agencies and other community based organizations helping refugees access essential needs and services or relief rides in the aftermath of natural']",
        "ground_truth": "In 2023, Lyft entered into a revolving credit agreement with certain lenders for a 1.25 billion.  The long-term benefits of this revolving credit facility include providing Lyft with financial flexibility and access to capital when needed. It allows Lyft to borrow funds, repay them, and borrow again up to the agreed-upon limit, providing liquidity for operational needs, investments, or other strategic initiatives. Additionally, having a revolving credit facility in place can help Lyft manage its cash flow, take advantage of opportunities for growth, and navigate any unforeseen financial challenges."
    },
    {
        "question": "When it comes to technology which one fairs better is it Uber or Lyft?",
        "answer": "Based on the provided context, both Uber and Lyft heavily rely on technology to power their transportation services. However, Lyft emphasizes its technology platform, the Lyft App, and its scalable technology infrastructure to manage demand efficiently and continuously improve user experience. Lyft also mentions partnerships with Amazon Web Services for cloud services to enhance platform resilience. On the other hand, Uber is described as a technology platform that uses leading technology, operational excellence, and product expertise to connect consumers with various services, including ridesharing and delivery. Both companies appear to prioritize technology in their operations, but Lyft's focus on its technology platform and infrastructure may indicate a strong technological foundation.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'PART I\nITEM 1. BUSINESS\nOverview\nUber Technologies, Inc. (“Uber,” “we,” “our,” or “us”) is a technology platform that uses a massive network, leading technology, operational excellence and\nproduct expertise to power movement from point A to point B. We develop and operate proprietary technology applications supporting a variety of offerings on our\nplatform (“platform(s)” or “Platform(s)”). We connect consumers (“Rider(s)”) with independent providers of ride services (“Mobility Driver(s)”) for ridesharing\nservices, and connect Riders and other consumers (“Eater(s)”) with restaurants, grocers and other stores (collectively, “Merchants”) with delivery service providers\n(“Couriers”) for meal preparation, grocery and other delivery services. Riders and Eaters are collectively referred to as “end-user(s)” or “consumer(s).” Mobility\nDrivers and Couriers are collectively referred to as “Driver(s).” We also connect consumers with public transportation networks. We use this same network,'\n 'PART I\nItem 1.\\xa0Business.\nOverview\nLyft, Inc. (the “Company” or “Lyft”) started a movement to revolutionize transportation. In 2012, we launched our peer-to-peer marketplace for on-\ndemand ridesharing and have continued to pioneer innovations. Today, Lyft is one of the largest multimodal transportation networks in the United States and\nCanada. We have an important purpose, which is to get riders out into the world so they can live their lives together, and to provide drivers a way to work that\ngives them control over their time and money.\nOur ridesharing marketplace connects drivers with riders via the Lyft mobile application (the “Lyft App”) in cities across the United States and in\nselect cities in Canada. We have established a scaled network of users brought together by our robust technology platform (the “Lyft Platform”) that powers\nrides and connections every day. We leverage our technology platform, the scale and density of our user network and insights from a significant number of\nrides to improve our ridesharing marketplace efficiency and develop new offerings. We’ve also taken steps to ensure our network is well positioned to benefit\nfrom technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and']",
        "ground_truth": "Based on the provided context, both Uber and Lyft heavily rely on technology to power their transportation services. Uber is described as a technology platform that uses leading technology to connect consumers with ride services, delivery services, and public transportation networks. Lyft, on the other hand, leverages its technology platform to connect drivers with riders through its ridesharing marketplace and offers an expanded set of transportation modes. In terms of technology, both Uber and Lyft have their strengths and focus areas. Uber emphasizes its technology applications supporting a variety of offerings on its platform, while Lyft highlights its robust technology platform that powers rides and connections every day. Ultimately, the effectiveness and success of each company's technology may vary based on specific features, innovations, and user experiences."
    },
    {
        "question": "What are the contrasting growth approaches of Uber and Lyft as outlined in the 2023 10K report?",
        "answer": "The contrasting growth approaches of Uber and Lyft as outlined in the 2023 10K reports are as follows:\n\n1. Lyft focuses on growing its active riders by making incremental investments in its brand and growth marketing, providing a full range of price points and ride experiences, and expanding its network coverage. Lyft also aims to grow its share of consumers' transportation spend by offering a wide range of mobility options and capturing more of the market opportunity.\n\n2. Uber, on the other hand, positions itself as a technology platform that connects consumers with various ride services, merchants, delivery service providers, and public transportation networks. Uber also connects shippers with carriers in the freight industry. Uber is developing technologies to provide new solutions to everyday problems and is focused on driver classification developments.",
        "contexts": "['In addition to our historical consolidated financial information, the following discussion contains forward-looking statements that reflect our plans, estimates,and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. You should review the sections titled “Special NoteRegarding Forward-Looking Statements” for a discussion of forward-looking statements and in Part I, Item 1A, “Risk Factors”, for a discussion of factors thatcould cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion andanalysis and elsewhere in this Annual Report on Form 10-K.\nOverview\nWe are a technology platform that uses a massive network, leading technology, operational excellence, and product expertise to power movement from point Ato point B. We develop and operate proprietary technology applications supporting a variety of offerings on our platform. We connect consumers with providers ofride services, merchants as well as delivery service providers for meal preparation, grocery and other delivery services. Uber also connects consumers with publictransportation networks. We use this same network, technology, operational excellence, and product expertise to connect Shippers with Carriers in the freightindustry by providing Carriers with the ability to book a shipment, transportation management and other logistics services. We are also developing technologiesdesigned to provide new solutions to solve everyday problems.\nDriver Classification Developments'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'also provide centralized tools and enterprise transportation solutions, such as our Concierge offering, that enable organizations to manage the\ntransportation needs of customers, employees and other constituents.\n•\nGrow Active Riders. We see opportunities to continue to grow our rider base. We may make incremental investments in our brand and in growth\nmarketing to maintain and drive increasing consumer preference for Lyft. We strive to provide a full range of price points and ride experiences such as\nWait & Save, which allows riders to save money by waiting for a ride, and Priority Pickup, which provides a premium experience by allowing riders\nto pay for prioritized pickup. We plan to continue to grow our ridesharing marketplace by prioritizing competitive service levels and attracting and\nretaining more drivers and riders on our network. Additionally, we continue to evaluate ways to expand our network coverage beyond the geographies\nand markets we currently serve. We also believe we are a beneficiary of demographic shifts, such as the growing percentage of the U.S. population\nthat is accustomed to on-demand services and has digital-first preferences.\n•\nGrow Our Share of Consumers’ Transportation Spend. Lyft’s transportation network is designed to address a wide range of mobility needs. The Lyft\nnetwork spans rideshare, bikes, and scooters and we are well positioned to deliver the best holistic experience to all of our riders and to capture\nsignificantly more of our market opportunity.\n•']",
        "ground_truth": "Based on the information provided in the 10K documents for 2023, both Uber and Lyft have growth strategies focused on increasing their user base, expanding their range of transportation services, and capturing a larger share of the transportation market. Lyft's growth strategy includes increasing rider use cases by offering various products and services such as Lyft Pink subscription plan, Lyft Pass commuter programs, and first-mile and last-mile services. They also aim to grow their share of consumers' transportation spend by providing a wide range of mobility options through their rideshare, bikes, and scooters network.On the other hand, Uber's growth strategy involves using their technology platform to connect consumers with various ride services, merchants, and delivery service providers. They also connect consumers with public transportation networks and provide solutions in the freight industry. Uber is also developing new technologies to solve everyday problems.Both companies face competition from other players in the market, and they are focused on innovation, technology, and expanding their services to stay competitive and attract more users."
    },
    {
        "question": "Could you give me a concise overview of the Business strategies employed by Uber and Lyft?",
        "answer": "Based on the provided context, the document is specifically about Lyft, not Uber. Therefore, the response should focus on Lyft's business strategies. \n\nLyft's business strategies include providing centralized tools and enterprise transportation solutions, growing their active riders through incremental investments in branding and marketing, expanding their network coverage, offering a range of price points and ride experiences, and aiming to capture more of consumers' transportation spend by offering a wide range of mobility options through their ridesharing marketplace. They also generate revenue from service fees, commissions, rentals, and partnerships, and continuously innovate to meet the evolving needs of riders and drivers.",
        "contexts": "['also provide centralized tools and enterprise transportation solutions, such as our Concierge offering, that enable organizations to manage the\ntransportation needs of customers, employees and other constituents.\n•\nGrow Active Riders. We see opportunities to continue to grow our rider base. We may make incremental investments in our brand and in growth\nmarketing to maintain and drive increasing consumer preference for Lyft. We strive to provide a full range of price points and ride experiences such as\nWait & Save, which allows riders to save money by waiting for a ride, and Priority Pickup, which provides a premium experience by allowing riders\nto pay for prioritized pickup. We plan to continue to grow our ridesharing marketplace by prioritizing competitive service levels and attracting and\nretaining more drivers and riders on our network. Additionally, we continue to evaluate ways to expand our network coverage beyond the geographies\nand markets we currently serve. We also believe we are a beneficiary of demographic shifts, such as the growing percentage of the U.S. population\nthat is accustomed to on-demand services and has digital-first preferences.\n•\nGrow Our Share of Consumers’ Transportation Spend. Lyft’s transportation network is designed to address a wide range of mobility needs. The Lyft\nnetwork spans rideshare, bikes, and scooters and we are well positioned to deliver the best holistic experience to all of our riders and to capture\nsignificantly more of our market opportunity.\n•'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'PART I\nItem 1. Business.\nOverview\nLyft, Inc. (the “Company” or “Lyft”) started a movement to revolutionize transportation. In 2012, we launched our peer-to-peer marketplace for on-\ndemand ridesharing and have continued to pioneer innovations. Today, Lyft is one of the largest multimodal transportation networks in the United States and\nCanada. We have an important purpose, which is to get riders out into the world so they can live their lives together, and to provide drivers a way to work that\ngives them control over their time and money.\nOur ridesharing marketplace connects drivers with riders via the Lyft mobile application (the “Lyft App”) in cities across the United States and in\nselect cities in Canada. We have established a scaled network of users brought together by our robust technology platform (the “Lyft Platform”) that powers\nrides and connections every day. We leverage our technology platform, the scale and density of our user network and insights from a significant number of\nrides to improve our ridesharing marketplace efficiency and develop new offerings. We’ve also taken steps to ensure our network is well positioned to benefit\nfrom technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and']",
        "ground_truth": "Lyft, Inc. started a movement to revolutionize transportation in 2012 with a peer-to-peer marketplace for on-demand ridesharing. They have continued to pioneer innovations and are now one of the largest multimodal transportation networks in the United States and Canada. Lyft's purpose is to get riders out into the world and provide drivers with control over their time and money. They offer a ridesharing marketplace through the Lyft App, connecting drivers with riders and providing various transportation modes.Uber Technologies, Inc. is a technology platform that powers movement from point A to point B. They connect consumers with providers of ride services, merchants, and delivery service providers. Uber also connects consumers with public transportation networks and carriers in the freight industry. They are developing technologies to provide new solutions for everyday problems."
    },
    {
        "question": "Could you analyze and compare the financial health of Uber and Lyft for the year 2023?",
        "answer": "Based on the provided context, we can see that both Uber and Lyft are technology platforms that offer transportation services. Lyft generates revenue primarily from its ridesharing marketplace, while Uber connects consumers with ride services, merchants, and delivery service providers.\n\nIn terms of financial health, Lyft's revenue streams include service fees and commissions from drivers, revenue from riders renting Light Vehicles, and revenue from licensing agreements. They also launched new features like Women+ Connect to attract more drivers and riders. On the other hand, Uber faced legal challenges related to driver classification and settlements with authorities in various regions.\n\nTo analyze and compare the financial health of Uber and Lyft for the year 2023, we would need to delve deeper into their financial statements, revenue growth, profitability, market share, and any other relevant financial metrics provided in their respective annual reports. This information would provide a more comprehensive understanding of their financial performance and position in the market for the year 2023.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'Net income (loss) attributable to Uber Technologies, Inc. (29)% 5 %\n Totals of percentage of revenues may not foot due to rounding.\nComparison of the Years Ended December 31, 2022 and 2023\nRevenue\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nRevenue $ 31,877 $ 37,281 17 %\n2023 Compared to 2022\nRevenue increased $5.4 billion, or 17% year-over-year. Mobility revenue increased $5.8 billion primarily attributable to an increase in Mobility GrossBookings of 31% year-over-year. Delivery revenue increased $1.3 billion primarily attributable to an increase in Delivery Gross Bookings of 14% year-over-year.Revenue growth was partially offset by a $1.7 billion decrease in our Freight business, with Freight Gross Bookings declining 25% year-over-year. Additionally,the increase in Mobility and Delivery revenue was partially offset by business model changes in some countries that classified certain sales and marketing costs ascontra revenue, which negatively impacted revenue by $368 million and $796 million across Mobility and Delivery, respectively.\nCost of Revenue, Exclusive of Depreciation and Amortization\nYear Ended December 31,\n% Change(In millions, except percentages) 2022 2023\nCost of revenue, exclusive of depreciation and amortization $ 19,659 $ 22,457 14 %']",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    },
    {
        "question": "Can you summarize the important Financial and Operational metrics for Lyft",
        "answer": "The important financial and operational metrics for Lyft include:\n- Ability to determine insurance, legal, and other reserves\n- Sufficiency of cash, cash equivalents, and short-term investments\n- Demand for the platform and Transportation-as-a-Service networks\n- Ability to attract and retain drivers and riders\n- Development of new offerings and market updates\n- Competition with existing and new competitors\n- Pricing methodologies and impact on competitive position\n- Future operating performance, including Gross Bookings, Rides, and Active Riders\n- Expectations regarding outstanding and potential litigation\n- Effects of laws and regulations on the platform\n- Management of risks associated with the Transportation-as-a-Service network\n- Metrics and estimates used for growth evaluation and strategic decisions\n- Growth strategies to increase Active Riders and share of transportation spend\n- Transportation network offerings and revenue generation sources\n- Advertising spend competition and viewer demographics\n- Regulatory and privacy considerations related to advertising\n- Product changes and advertising inventory management decisions.",
        "contexts": "['opt for a longer wait time but pay a lower fare than for a Standard ride, while drivers earn the same as they do for a Standard ride, involves inherent challenges\nin predicting the future locations of drivers. We also face the risk that our network of Light Vehicles, our Nearby Transit offering, which integrates third-party\npublic transit data into the Lyft App, and other future transportation offerings could reduce the use of our ridesharing offering. Additionally, from time to time\nwe reevaluate our offerings on our multimodal platform and have in the past decided and may again decide to discontinue or modify an offering or certain\nfeatures. Such actions may negatively impact revenue in the short term and may not provide the benefits we expect in the long term. If we are unable to\nsuccessfully manage the complexities associated with our expanding multimodal platform, including the effects our new and evolving offerings have on our\nexisting business, our business, financial condition and results of operations could be adversely affected.\nOur metrics and estimates, including the key metrics included in this report, are subject to inherent challenges in measurement, and real or perceived\ninaccuracies in those metrics may harm our reputation and negatively affect our business.\nWe regularly review and may adjust our processes for calculating our metrics used to evaluate our growth, measure our performance and make\nstrategic decisions. These metrics are calculated using internal company data and have not been evaluated by a third-party. Our metrics may differ from'\n 'opt for a longer wait time but pay a lower fare than for a Standard ride, while drivers earn the same as they do for a Standard ride, involves inherent challenges\nin predicting the future locations of drivers. We also face the risk that our network of Light Vehicles, our Nearby Transit offering, which integrates third-party\npublic transit data into the Lyft App, and other future transportation offerings could reduce the use of our ridesharing offering. Additionally, from time to time\nwe reevaluate our offerings on our multimodal platform and have in the past decided and may again decide to discontinue or modify an offering or certain\nfeatures. Such actions may negatively impact revenue in the short term and may not provide the benefits we expect in the long term. If we are unable to\nsuccessfully manage the complexities associated with our expanding multimodal platform, including the effects our new and evolving offerings have on our\nexisting business, our business, financial condition and results of operations could be adversely affected.\nOur metrics and estimates, including the key metrics included in this report, are subject to inherent challenges in measurement, and real or perceived\ninaccuracies in those metrics may harm our reputation and negatively affect our business.\nWe regularly review and may adjust our processes for calculating our metrics used to evaluate our growth, measure our performance and make\nstrategic decisions. These metrics are calculated using internal company data and have not been evaluated by a third-party. Our metrics may differ from'\n \"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"\n \"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"]",
        "ground_truth": "Financial Highlights: Lyft, Inc. operates multimodal transportation networks in the United States and Canada. The company's revenue is primarily generated from its ridesharing marketplace connecting drivers and riders. Lyft collects service fees and commissions from drivers for their use of the ridesharing marketplace. Gross Bookings and Rides increase as drivers accept more rider leads.Operational Highlights: Lyft offers an expanded set of transportation modes in select cities, including shared bikes and scooters for shorter rides and multimodal trips. The company's platform and mobile-based applications facilitate peer-to-peer ridesharing by connecting drivers with riders. Lyft aims to grow its share of consumers' transportation spend by providing a wide range of mobility options. The company focuses on delivering increasing value to drivers by offering economic opportunities and programs like Express Drive for access to rental cars."
    },
    {
        "question": "When evaluating financial stability, how do Uber and Lyft differ in their performance for the year 2023?",
        "answer": "Uber and Lyft differ in their performance for the year 2023 based on their revenue growth. Uber experienced a 17% increase in revenue, while Lyft's revenue generation sources included ridesharing marketplace, rental services, and business offerings. Additionally, Lyft launched new features like Women+ Connect to enhance driver preferences. Uber faced legal challenges related to driver classification and settlements with authorities. Overall, Uber showed revenue growth, while Lyft focused on diversifying revenue streams and enhancing driver options.",
        "contexts": "['from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings and Rides increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n 'from technological innovation in mobility.\nOur offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and\nscooters (“Light Vehicles”) for shorter rides and first-mile and last-mile legs of multimodal trips.\nSubstantially all of our revenue is generated from our ridesharing marketplace that connects drivers and riders. We collect service fees and\ncommissions from drivers for their use of our ridesharing marketplace. As drivers accept more rider leads, Gross Bookings  and Rides  increase, driving more\nrevenue. We also generate revenue from riders renting Light Vehicles, drivers renting vehicles through Express Drive and by making our ridesharing\nmarketplace available to organizations through our Lyft Business offerings, such as our Concierge and Lyft Pass programs. In 2021, we began generating\nrevenues from licensing and data access agreements. In 2022, we began generating revenues from the sale of bikes and bike station software and hardware\nsales substantially through our acquisition of PBSC Urban Solutions Inc (“PBSC”).\nRiders and drivers want and value choice, and we believe there remains an opportunity for growth in our marketplace. In September 2023, we\nlaunched Women+ Connect, a new feature that offers women and nonbinary drivers the option to turn on a preference within the Lyft App to prioritize matches'\n \"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"\n \"Report of Independent Registered Public Accounting Firm\nTo the Board of Directors and Stockholders of Lyft, Inc.\nOpinions on the Financial Statements and Internal Control over Financial Reporting\nWe have audited the accompanying consolidated balance sheets of Lyft, Inc. and its subsidiaries (the “Company”) as of December 31, 2023 and 2022, and the\nrelated consolidated statements of operations, of comprehensive loss, of stockholders’ equity and of cash flows for each of the three years in the period ended\nDecember 31, 2023, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's\ninternal control over financial reporting as of December 31, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by\nthe Committee of Sponsoring Organizations of the Treadway Commission (COSO).\nIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of\nDecember 31, 2023 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2023 in\nconformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material\"]",
        "ground_truth": "Based on the provided context, it appears that Lyft is in a better financial position compared to Uber for the year 2023. Lyft reported revenue of 37,281 million. Additionally, Lyft's net loss percentage was 33.1% compared to Uber's net income percentage of 5%. This indicates that Lyft had a lower loss percentage compared to Uber's income percentage, suggesting that Lyft may be more financially stable in 2023."
    }
]