Tuesday, November 17, 2015

Lyft Co-Founder: We're On Track For $1 Billion In Gross Annual Revenue

The ridesharing service says it is on track for $1 billion in annual revenue, and has 40% of the San Francisco market.

Lyft president and co-founder John Zimmer says the ridesharing service is on track to make $1 billion in annualized gross revenue by November 2017. Zimmer made the announcement at the Connected Car Expo in Los Angeles as part of a presentation on the future of the rideshare space.

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