Lyft had a mixed quarter and failed to meet the revenue expectations of Wall Street but managed an earnings beat. Active drivers, active riders, and total rides everything was high. Demand was strong. Airport rides, scooters, and bike rides reached a new all-time high. Moreover, Lyft's business-managed booking also grew and reached a new high with the strong adoption of its B2B offerings, which include Concierge and Lyft Pass. In this quarter, the number of active users who are using Lyft displa ....
15 Nov 2022
Lyft Inc: Entry Into The Advertising Business & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (11/22)
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Lyft Inc: Entry Into The Advertising Business & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (11/22)
- Published:
15 Nov 2022 -
Author:
Ishan Majumdar -
Pages:
26 -
Lyft had a mixed quarter and failed to meet the revenue expectations of Wall Street but managed an earnings beat. Active drivers, active riders, and total rides everything was high. Demand was strong. Airport rides, scooters, and bike rides reached a new all-time high. Moreover, Lyft's business-managed booking also grew and reached a new high with the strong adoption of its B2B offerings, which include Concierge and Lyft Pass. In this quarter, the number of active users who are using Lyft displa ....