GitLab and GitHub are both online code-repositories for software development and team work to produce quality software code.
The main difference is that GitHub is owned by Microsoft, which paid 7.5 billion USD to acquire GitHub, while GitLab is an independent startup.
Another crucial difference is that GitLab is open source, while GitHub is closed source software.
As most independent young technology companies, GitLab is open source, quick, agile, smart, lean, productive and flexible which ensured its current success as Goldman Sachs and NASA are GitLab clients, among many others.
Microsoft has a history of not governing too well its acquisitions, allegedly stifling them in large, multinational corporate bureaucracy.
So GitLab has a competitive advantage for now.
Actually, the Infrastructure as a Service segment of the cloud computing market where both GitLab and GitHub operate offers huge promise and many new entrants can become billion USD valuation companies if they make successful inroads into cloud computing.
If GitLab is an example, all they need is a technology edge, good management, agile software development and speedy progress.
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