What Does Lyft's IPO Signal for the Future of Mobility?

What Does Lyft's IPO Signal for the Future of Mobility?

0 0 hace 6 meses
Lyft is set for an IPO on Friday; Uber is driving up to the IPO window soon. Investors seem enthusiastic, but skeptics see a lot of risks and a bumpy path to profitability.

In 2018, transportation network companies — pretty much Lyft and Uber — gave 2.6 billion rides. Lyft gave a billion of those rides, doubling its revenue over 2017 to $2.2 billion.

We know the consumer appetite is there. But as Lyft hits the public markets, many wonder if that volume can be turned into profits. Autonomous ... Más informaciones

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