They went public in March 2019 so they basically only had a year as a public company before COVID hit and dropped revenues off a cliff. They were probably assu

They went public in March 2019 so they basically only had a year as a public company before COVID hit and dropped revenues off a cliff. They were probably assuming that by now they’d be back to a pre-COVID level of ridership by now. The landscape has changed dramatically since they IPO’d and unlike Uber they don’t do food delivery which probably softened the blow to Uber.