Lyft Focuses on Profitability as Cash-Burning Companies Lose Luster

Source: https://www.nytimes.com/2019/10/30/technology/lyft-earnings-profitability.html?emc=rss&partner=rss
October 31, 2019 at 03:30AM

Lyft had said that it would lose record amounts of money, but it changed its tune as the sentiment toward prominent technology start-ups has soured.