[m3h]

I think that would be because Uber has some USD 24 billion invested in it while Lyft has raised nearly USD 5 billion (figures from Crunchbase). With deep pockets, Uber's right move is to spend fast and monopolize as much of the market as possible. They do this by buying out competitors or offering massive discounts on their pricing to out run their competitors. They can afford to figure out how to be profitable later.