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May 7, 2020 02:11 am GMT

How Lyft intends to navigate and survive COVID-19

A glimpse at Lyft’s stock price Wednesday, which soared as much as 16.77% after first-quarter earnings were reported, suggested all was well in the ride-hailing company’s world. In this COVID 19-era, “well” is a relative term. Lyft’s net losses did dramatically improve from the year-ago quarter (a loss of $398 million versus $1.1 billion in […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DY0jidY2JPM/

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