Lyft said 18% of its tech workers are women, compared with just more than 15% at Uber.
NEW YORK: Lyft may be wise to look for alternatives to fighting wars with Uber and Didi Chuxing.
The US$5.5bil (RM22.22bil) ride-hailing app has hired Frank Quattrone's Qatalyst Partners. With its larger rivals raising and burning billions in an attempt to gain control of markets like China, settling for a profitable exit of some kind could be a way for Lyft to avoid capital destruction.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
