Source: Travel News
The ride-sharing company Lyft celebrating its initial public offering on Friday. It now has a market value of a market value of about $22.4 billion. Bloomberg
Skift Take: Lyft lost $911 million on revenues of $2.2 billion last year. Yet its stock closed up more than 8 percent on the day of its IPO. What a world.
Read the Complete Story On Skift
Lyft Posts Big Gains in Public Debut As It Continues to Lose Money