Lower Q4 lossesLyft says that Q4 losses are likely to be lower than expected, at less than $185m, citing improving margins and rigorous cost controls. It also predicts quarterly revenues to increase by up to 15%, and thinks rider numbers will increase by up to a million by the end of the year. Take that, COVID19.
Finally, some great news for Lyft with a forecasted 1m uptick in riders by the end of the year. Photo: Lyft.