Lyft Growth Slows to 8% in Q3

T1Covered by 1 source · first reported by The Information (teasers) at 05 Nov, 22:00 UTC

Lyft’s revenue growth slowed sharply in the third quarter to 8%, while gross bookings growth also slowed to 17% from 23% in the second quarter. The company projected a further slowdown in gross bookings growth, ot etween 13% and 17%, in the fourth quarter. Despite the slowdown, Lyft CEO David ...