Lyft’s revenues double, losses quintuple—and prospects darken Source: https://amp.economist.com/business/2019/05/11/lyfts-revenues-double-losses-quintuple-and-prospects-darken
F*ck the paywall
Go Lyft, go!
Thank you!!
Love the magazine,
Wait... revenue is 776m and loss is 1.14bn? What the..
$894 million is from their payout to employees for the IPO. Even still, they would be losing hundreds of millions a quarter.
Snap was wayy worse. 400m in losses and 400m in revenue. I thought it was an accounting error.
Wait until you see Uber numbers. Both companies burning through money like crazy (and drivers)
Why did Waymo partner with Lyft? Doesn't Alphabet own some Uber shares?
They do. It’s called hedging their bets.
They also own Lyft shares
Cx$,$$$,$$$
How to bypass the paywall?
stop trying to steal
^ cringe