Friday, March 15, 2019

Lyft's average revenue of $3.75 per ride is about the same for car trips as for bicycles and scooters, which incur no driver-related costs (Shira Ovide/Bloomberg)

Shira Ovide / Bloomberg:
Lyft's average revenue of $3.75 per ride is about the same for car trips as for bicycles and scooters, which incur no driver-related costs  —  What does it say about Lyft's financial viability that each car ride is worth the same as a scooter or bike trip?  You decide.



from Techmeme https://ift.tt/2T8mdf0

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