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You don't have to wonder. It says at the bottom of the article that Lyft is not profitable: Though currently unprofitable, Lyft's ride economics appear to be
by lbarrow 11y ago
You don't have to wonder. It says at the bottom of the article that Lyft is not profitable:
Though currently unprofitable, Lyft's ride economics appear to be going in the right direction.
- tomashertus 11y agomy bad, I was agitated from the graph above this statement!:) Thanks
- revelation 11y agoWow. Leave it to a startup to go into the red whilst providing 1) an app and 2) fluff mustaches and .. well not much more, really.
- simonw 11y agoThey're in a flat out race to gain market share with Uber. If they were profitable (rather than reinvesting revenue in further growth) their investors would rightfully be furious.
- revelation 11y agoThey are a middleman. Where exactly is the finish line of this particular race? Because it sounds very much like an antitrust lawsuit.