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January 13, 2017 04:16 am -05

Lyft is doing great despite losing hundreds of millions in 2016

Lyft lost a lot of money last year, but it's doing better than ever. The ride-hailing company doesn't disclose its earnings, but according to The Information, it lost around $600 million in 2016 after generating $700 million in revenue. Sure, that lo...

Original Link: https://www.engadget.com/2017/01/13/lyft-earnings-the-information/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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