Lyft sees rider demand improve in late April, 'on path to profitability'

Lyft sees rider demand improve in late April, 'on path to profitability'

4 years ago
Anonymous $pSba0tWIcA

https://www.reuters.com/article/us-lyft-results/lyft-sees-rider-demand-improve-in-late-april-on-path-to-profitability-idUSKBN22I30N

Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic had improved in late April.