Amazon said on Tuesday that Lyft is going 'all-in' with AWS, and an analyst raised concerns that Lyft is migrating away from MongoDB.
MongoDB shares plummeted as much as 11 percent on concern that ride-hailing service Lyft is shifting business to a rival cloud database service run by Amazon Web Services. AWS said on Tuesday that Lyft is going"all-in" with its public cloud, a phrase Amazon typically uses when a company decides to pull over the vast majority of its technology infrastructure.
In Amazon's statement on Tuesday, the company didn't say anything about Lyft moving to DocumentDB, but referenced other AWS services the company will be using. Eberle wrote that DocumentDB still lacks"competitive functionality," but he highlighted other reasons to be concerned about MongoDB. Eberle sees a broader migration away from MongoDB and expects"the new database world will remain highly fragmented.
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