Lyft continues to post losses despite revenue growth

Lyft continues to post losses despite revenue growth

5 years ago
Anonymous $ZuTig1gZkQ

https://apnews.com/bf5c9895238741c088595e61888b82f7

NEW YORK (AP) — Lyft is reporting strong revenue growth but deep losses in its second quarter, a trend that it has so far been unable to reverse.

The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year.