Uber, Lyft Face New Rival, As Asia Rideshare App Plans U.S. Entry | Investor's Business DailySectionsMy IBDMy ProductsRecently SearchedNewsLicensingPAOLO CONFINO12:59 PM ET 09/03/2026Uber and Lyft may soon have a new U.S. competitor. The Vietnamese rideshare company Green and Smart Mobility (GSM) plans a U.S. and European expansion by the end of this year. GSM is partnered with Vietnam's largest automaker VinFast (VFS), which supplies all of the service's vehicles. GSM is owned by VinFast CEO Pham Nhat Vuong. The plan is to…Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8INVESTING RESOURCESTake a Trial TodayGet instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!IBD VideosGet market updates, educational videos, webinars, and stock analysis.Get StartedLearn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. ]]>