shares tanked 16 per cent on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber
Benefiting from a global footprint and wider array of services, Uber has been wooing customers with subscription offerings while Lyft doubled down on competitive fares as well as company-wide cost cuts to boost its business. Lyft forecast gross bookings – the total value of transactions on the Lyft app excluding tips – between $4.0-billion and $4.1-billion in the three months ending September, a period of high tourism-related travel.Adjusted core earnings guidance of $90-million to $95-million also came in below the street target of $104.3-million.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
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