91 days ago • Posted by Martin Boujol

Lyft thrive, despite a customer plunge

The total ridership is plunging, as the company reported a 51% drop in January year to year. However, Lyft keeps getting closer to break-even, as each customer is bringing more revenue and a bigger contribution margin to to the company. 

Source: Zerohedge

#Technology
Lyft thrive, despite a customer plunge
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