Lyft's Losses, Dependence on Autonomous Overshadow IPO Filing | Auto Finance News | Auto Finance News

Lyft’s Losses, Dependence on Autonomous Overshadow IPO Filing

Rideshare giant Lyft filed its IPO prospectus on Friday. The company’s net losses and heavy reliance on autonomous vehicles is likely the biggest concern for investors, said Brian Allan, senior director of strategic partnerships at HyreCar. Lyft’s net loss climbed to $911.3 million in 2018 from $688.3 million a year earlier, according to the filing. Lyft […]

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