Lyft's main taxi business is already profitable in some areas, but self-driving cars and bike-sharing are eating into that revenue

JPMorgan says Lyft's core ride-hailing business is already profitable in certain markets.

What's more, the company's central ride-hailing component could already be profitable in many busy cities, JPMorgan estimates. It's the other, more expensive bets like those on self-driving cars and bike and scooter rentals that are siphoning off the excess revenue. "We believe the biggest change in Lyft's business since the IPO five months ago is how quickly the US rideshare market has rationalized," JPMorgan said.

Lyft's surviving cause they didn't manage to ostracize Muslims like another ride-sharing company did lol

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Beauty mogul Huda Kattan, who built a $610 million fortune from online fame, shares her 3 business tips for influencersHuda Kattan is the self-made millionaire behind the cosmetics line, Huda Beauty, and shares advice for business success.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »