Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

5 years ago
Anonymous $ZuTig1gZkQ

https://www.reuters.com/article/us-lyft-results/lyft-raises-forecast-for-2019-as-price-war-with-uber-eases-ridership-rises-idUSKCN1UX2BQ

Lyft Inc posted a jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the service and price competition with rival Uber eased.

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Aug 7, 2019, 9:40pm UTC
https://www.reuters.com/article/us-lyft-results/lyft-raises-forecast-for-2019-as-price-war-with-uber-eases-ridership-rises-idUSKCN1UX2BQ >Lyft Inc posted a jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the service and price competition with rival Uber eased.