This year [2017], Lyft is on pace for $1.5 billion in net revenue -- the amount of money it generates after paying drivers -- on losses of $400 million, accordi

This year [2017], Lyft is on pace for $1.5 billion in net revenue -- the amount of money it generates after paying drivers -- on losses of $400 million, according to the document, which was prepared at the end of the second quarter. Since then, Lyft has spent heavily on a nationwide marketing campaign, including TV spots with actor Jeff Bridges. Investors are now anticipating losses of close to $600 million in 2017, two people said. https://www.bloomberg.com/news/articles/2017-11-11/lyft-set-to-claim-third-of-u-s-market-in-2017-document-shows https://www.bloomberg.com/news/articles/2017-11-11/lyft-set-...