Tuesday, May 14, 2019

Lyft’s First Results After I.P.O. Show $1.14 Billion Quarterly Loss

Source: https://www.nytimes.com/2019/05/07/technology/lyft-ipo-financial-results-uber.html?partner=rss&emc=rss
May 08, 2019 at 03:03AM

The ride-hailing company’s revenue nearly doubled for the quarter, while its loss was driven by a hefty charge for its stock-based compensation plan.

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