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BillJay

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BillJay

Re: A deleted message

Tuesday, 09/03/2019 4:26:27 PM

Tuesday, September 03, 2019 4:26:27 PM

Post# of 994
Ride sharing has disrupted the entire transportation industry and it is here to stay. Comparing Lyft to Groupon is ridiculous. Lyft's Q1 2017 revenue was $172 million and this last quarter it was $867 million. They'll generate over a billion dollars a quarter in the very near term and they'll probably do over $5 billion in annual revenue by 2020. They're also showing a lot more progress towards being profitable.
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