Lyft Hits Record Bookings as Demand Surges, Yet Signals a Clear Slowdown Ahead
Lyft delivered numbers that on the surface look impressive. Gross bookings climbed 23 percent to a record $5.5 billion in the second quarter. Active riders reached an all-time high of 30.5 million, up 17 percent. Rides totaled 262 million. Revenue hit $1.84 billion. Yet the market focused on what comes next. The ride-hailing company expects
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