Thursday, September 27, 2018

Sources: Lyft's revenue more than doubled in the first half of 2018 to $909M but its net loss grew 46% to $373M (Amir Efrati/The Information)

Amir Efrati / The Information:
Sources: Lyft's revenue more than doubled in the first half of 2018 to $909M but its net loss grew 46% to $373M  —  Lyft appears to be getting better at controlling its costs.  —  The ride-hailing firm more than doubled revenue to $909 million in the first half of 2018 compared with a year earlier …



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SoftBank says it is struggling to find startups in Latin America ready for major investments and has completed only two new deals over the past two years (Bloomberg)

Bloomberg : SoftBank says it is struggling to find startups in Latin America ready for major investments and has completed only two new d...