We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Lyfting all floats

29 March 2019 By Robert Cyran

New investors eagerly hopped into the ride-sharing firm’s public listing, driving Lyft’s price up by some 20 pct. It bodes well for mega-rival Uber, which on a similar multiple would be worth over $150 bln. Turning fast growth into profit, though, remains a challenge for both.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)