Tag Archives: cash cushion

Ride-Hailing Business Too Tough for Lyft!

Lyft is still on track to lose no more than $600 million this year, excluding legal settlements. That is in line with the $50 million monthly cap on spending it promised investors back in April. The second most valuable ride-hailing service in the country, may have attempted to sell itself to Apple, Google, Amazon, General Motors and even ride-sharing rivals

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