REUTERS: Lyft Inc on Tuesday forecast growth would slow after nearly doubling in the first quarter, sending shares of the ride services company lower, just days ahead of rival Uber's IPO.
"The question will be whether this is just conservatism, Uber starting to fight back, or the company hitting tougher comps," Cordwell added. Total costs and expenses rose more than 200per cent in the quarter as it stepped up its promotional activities to compete with rival Uber, although a contribution margin improvement to 49.6per cent from 35.4per cent pointed to greater efficiency.
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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Lyft revenue tops expectations in first results as public company but growth seen slowingSAN FRANCISCO: Lyft Inc's quarterly revenue rose 95per cent and topped market expectations on Tuesday as the ride-sharing company reported its ...
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »
Lyft revenue tops expectations in first results as public company but growth seen slowingSAN FRANCISCO: Lyft Inc's quarterly revenue rose 95per cent and topped market expectations on Tuesday as the ride-sharing company reported its ...
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »
Top executives of opioid company found guilty of racketeeringBOSTON (NYTIMES) - A federal jury on Thursday (May 2) found the top executives of Insys Therapeutics, a company that sold a fentanyl-based painkiller, guilty of racketeering charges in a rare criminal prosecution that blamed corporate officials for contributing to the nation's opioid epidemic.. Read more at straitstimes.com.
स्रोत: The Straits Times - 🏆 8. / 63 और पढो »