Lyft Inc LYFT

Lyft, Inc. is a multimodal transportation network in the United States and Canada that offer access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as a transportation network company. Transportation options through its platform and mobile-based applications are substantially comprised of its ridesharing marketplace that connects drivers and riders in cities across the United States and in select cities in Canada, its network of bikes and scooters, and the Express Drive program, where drivers can enter into short-term rental agreements with its subsidiary, Flexdrive Services, LLC or a third party for vehicles that may be used to provide ridesharing services on the Lyft Platform. It makes the ridesharing marketplace available to organizations through Lyft Business offerings, such as the Concierge and Lyft Pass programs.

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Lyft Inc > Numbers weren't too good

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Post by LovesAUon Nov 10, 2020 4:31pm

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Post# 31872524

Numbers weren't too good

Costs up. Cash burn -1.46 v -1.33 estimate.

Not sure Lyft can continue without another stock issuance and further dilution. Pfizer says widespread availablity of vaccine won't occur until summer. I don't see how Lyft can be profitale in this fiscal year.

Anyone?

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle