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Lyft’s revenue growth has outpaced Uber’s in recent years. From 2014 to 2017, Lyft has seen a compounded annual growth rate of an astounding 223% compared to Uber’s 146% clip over the same time period. Looking at 2018 specifically, Lyft’s annual revenue rose 100% year-over-year, compared to Uber’s 43% revenue jump. Read more at the link in bio.
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Although Uber still dominates the market for business travelers, a new survey shows those riders are more satisfied with Lyft. Read more at the link in bio.
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#YahooFinance #finance #business #travelers #travel #market #stockmarket #lyft #uber #rider #riders #numbers #ceo #business #survey #instagood
Lyft went public on Friday at a valuation above $20 billion, but last year it had a net loss of $911 million.
How long until the ride-hailing company can turn a profit?
You can watch the full video, at the link in bio.
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