Leaked Documents Reveal Financial Struggles At Lyft

In the first half of the year, Lyft generated less revenue, lost more money, and added fewer customers than projected in February. The numbers suggest Lyft has had to burn through cash as it chases growth in a competitive industry, according to  private fundraising documents obtained by Bloomberg News.

Skift.com article here

Keywords

capital   finance   Lyft   TNCs   Uber   

 

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