This is our first report on ride sharing major, Lyft. The company's business in 2022 so far has been impacted to some extent by the Omicron but there has been a sharp recovery in the past quarter. The number of daily average rideshare trips have been increasing gradually. Besides that, their overall market has been improving. The number of active drivers increased by more than 40% in Q1, compared to the same period last year, and new driver activations increased by 70%. In Q1, the company had 17 ....
