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Tue Jun 2, 2020, 06:07 PM

Lyft says May rides jump 26% from prior month (but 70% down from the previous May)

Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased.

... the company said rides had risen week-over-week for seven consecutive weeks since the week ended April 12.

... However, the company said rides were down about 70% in May from a year ago.

More: https://finance.yahoo.com/news/lyft-says-may-rides-jump-205552071.html

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