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Lyft To Go Public in Mega IPO, But Will It Ever Be Profitable?

Lyft will be the first ride-hail company in history to go public and is chasing a $1.2 trillion U.S. consumer transportation market. Despite growing to $2.2 billion in revenue, Lyft continues to generate staggering losses, losing over $900 million in 2018 alone. Our coverage report delves into whether Lyft will ever be profitable and what it would take to get there.

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