Lyft reports Q2 revenue up 16% YoY to $1.84B, vs. $1.81B est., rides up 12% to 262.4M, and expects Q3 gross bookings growth to slow to 15%-19% (Kelly Cloonan/Wall Street Journal)
The company's gross bookings rose 23% to $5.5 billion in the latest quarter — Lyft's second-quarter bookings rose, boosted by overall demand, particularly for its premium rides.
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
