Money

Leaked Documents Reveal Financial Struggles At Lyft

Posted on November 20, 2015


In the first half of the year, Lyft generated less revenue, lost more money, and added fewer customers than projected in February. The numbers suggest Lyft has had to burn through cash as it chases growth in a competitive industry, according to  private fundraising documents obtained by Bloomberg News.

Skift.com article here

Related Topics: capital, finance, Lyft, TNCs, Uber

Comments ( 3 )
  • Kim

     | about 3 years ago

    In other news LYFT moves it's mustache production to communist china to reduce cost.

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