Lyft's upcoming IPO reveals losses of nearly $1 billion, will give drivers up to $10,000 in cash

Unsurprisingly, Lyft is deep in the thralls of debt and is completely unprofitable now. In 2016, they realized losses of $682 million on $343.3 million in revenue. In 2017, it was losses of $688 million on $1.1 billion, and last year, the company lost $911 million on $2.2 billion in...





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