Lyft says that Uber employees have canceled 5000 rides since last October. That's like $100k in lost revenue -- it's nothing. Definitely not some big plan by Uber to undermine Lyft.
It's also lost revenue for the drivers who were on their way to pick up the recruiters. I think that's the part most people are upset about.
And while the canceling of rides isn't a big plan by Uber to undermine Lyft, the recruiting of their drivers most certainly is. That I have no problem with, but canceling rides is (borderline) fraud.
Much less than that. They only lose the time it took to drive to the person, not the time they would have spent driving that person to their destination. The "drop" is way less than $20, so we can assume the cost of a canceled ride is too.
That's not all. Let's say that software developer would have produced $200k in value for Lyft. But that 200k could hire two more software developers! By induction, Uber has cost Lyft an infinite amount of money.
And while the canceling of rides isn't a big plan by Uber to undermine Lyft, the recruiting of their drivers most certainly is. That I have no problem with, but canceling rides is (borderline) fraud.