Skip to main content

Lyft reports Q2 revenue up 3% YoY to $1.02B, a net loss of $114.3M, and active riders up 8.2% YoY to 21.49M, its highest levels since the pandemic (Preetika Rana/Wall Street Journal) https://ift.tt/gmvL69a

Preetika Rana / Wall Street Journal:
Lyft reports Q2 revenue up 3% YoY to $1.02B, a net loss of $114.3M, and active riders up 8.2% YoY to 21.49M, its highest levels since the pandemic  —  Ride-share company projects better-than-expected outlook for current quarter  —  Lyft raised its revenue and trimmed its loss last quarter …



Comments

Popular posts from this blog

FAA approves the first fully automated commercial drone flights, letting Massachusetts-based American Robotics operate its drones in rural areas below 400 feet (Wall Street Journal) https://ift.tt/3oQGbvc

Wall Street Journal : FAA approves the first fully automated commercial drone flights, letting Massachusetts-based American Robotics operate its drones in rural areas below 400 feet   —  American Robotics granted permission to operate drones without hands-on piloting  —  U.S. aviation regulators have approved …

Brazil says Huawei won't be a supplier on its upcoming 5G and private federal network bid, but is not barred from operating elsewhere in the country (Angelica Mari/ZDNet) https://ift.tt/3qIP4r5

Angelica Mari / ZDNet : Brazil says Huawei won't be a supplier on its upcoming 5G and private federal network bid, but is not barred from operating elsewhere in the country   —  The Chinese firm is not considered to be apt to supply equipment to the government's own set-up, to be built by the winners of the upcoming 5G auction.

Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes (Kana Inagaki/Financial Times) https://ift.tt/3htYmnJ

Kana Inagaki / Financial Times : Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes   —  Shortlist is part of investment push to hasten group's pivot to digital services  —  Fujitsu has drawn up a shortlist …