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Post New Topic Forum    Rideshare News

Lyft stock jumps after co-founders tell WSJ they see profitability a year earlier than expected

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Uberserge
1300 Rider Driver
 Posted 4 years, 6 months ago
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Posted By
Sergio Avedian (Uberserge)
1300 Rider Driver
Ride Apprentice from Los Angeles, CA

Blogger, Podcaster, Active Rideshare Driver/Coach

Active Uber/Lyft driver in Los Angeles, contributing writer for Rideguru and RSG (The Rideshare Guy), podcaster, rideshare driver coach, independent consultant to rideshare and tech companies.

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I believe it, with PPZ where they charge the pax full prime time and pay the driver peanuts, they are taking up to 50-70% of the fare these days, they have figured out how to squeeze more blood out of the rock

https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2019/10/22/lyft-stock-jumps-after-report-it-sees-profitability-year-earlier-than-expected.html?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE%3D#aoh=15717896959352&csi=1&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.cnbc.com%2F2019%2F10%2F22%2Flyft-stock-jumps-after-report-it-sees-profitability-year-earlier-than-expected.html


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