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Lyft posts record bookings, but higher promotions fuel profit miss

The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.

Lyft posts record bookings, but higher promotions fuel profit miss

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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