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LYFT'S RESULTS SHOW PAIN BUT ALSO HOPE AS SOME RIDERS RETURN
AppleMagazine
|November 13, 2020
Lyft is still feeling the pandemic’s severe impact on the ride-hailing industry but its third-quarter results show signs of a recovery from the previous three months when passengers stayed locked down.
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But it was up 47% from revenue in the April-June quarter. And while the number of active riders plunged to 12.5 million in the latest quarter, down 44% from the same time last year, that figure was up 44% from the second quarter.
Lyft’s stock rose about 5.5% in after-hours trading following the release of the earnings report.
यह कहानी AppleMagazine के November 13, 2020 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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