Lyft forecasts strong quarterly earnings driven by ride-hailing demand and new features

Get the Full StoryLyft is benefiting from the industry-wide trend of a pickup in ride-hailing demand and its strong execution of new functionalities.

Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from new user and driver features.

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