Union fund adviser CtW questions Lyft's path to profitability ahead of IPO
https://www.reuters.com/article/us-lyft-ipo-ctw/union-fund-adviser-ctw-questions-lyfts-path-to-profitability-ahead-of-ipo-idUSKCN1R223E
Union pension fund adviser CtW Investment Group said on Thursday Lyft Inc "faces an all-but-insurmountable barrier" to profitability due to issues with the ride-hailing company's pricing strategy and new regulations driving costs higher.
Union fund adviser CtW questions Lyft's path to profitability ahead of IPO
Mar 21, 2019, 7:21pm UTC
https://www.reuters.com/article/us-lyft-ipo-ctw/union-fund-adviser-ctw-questions-lyfts-path-to-profitability-ahead-of-ipo-idUSKCN1R223E
>Union pension fund adviser CtW Investment Group said on Thursday Lyft Inc "faces an all-but-insurmountable barrier" to profitability due to issues with the ride-hailing company's pricing strategy and new regulations driving costs higher.