Lyft Reports Higher Revenue as Ridership Returns


Lyft Inc. talked about revenue climbed inside the latest quarter, as prospects proceed to pay higher prices because of shortage of drivers and the rise in rider demand.

The San Francisco agency’s revenue elevated 73% to $864 million from the year-earlier interval, as its ridership inched nearer to pre-pandemic ranges. The company reported 18.9 million energetic riders inside the quarter, up from 12.5 million a yr earlier. Lyft had 22.9 million energetic riders on the end of 2019. | Lyft Tales Higher Revenue as Ridership Returns

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