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.

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

May 6, 2020, 10:23pm UTC
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.