Lyft in Trouble
The Pragmatic Engineer
MARCH 30, 2023
Disclaimer: I worked at Uber, Lyft's US competitor, between 2016-2020. Lyft is a rideshare platform that’s a direct competitor to Uber, operating in the US and Canada. Still, an adjusted net loss of $531M is still not pretty, knowing that Lyft has $1.8B This change signals its “ wartime ” at Lyft.
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