Can Ride Sharing Platforms Be Profitable? 💲 | Winner Take All

Ride sharing stocks saw a jump in value when the co-founders of Lyft told the Wall Street Journal that they expect the company to become profitable as soon as 2021. Alex and Nick discuss ride sharing platforms profitability and assess Uber's current 20% take rate.


Lyft stock jumps after co-founders tell WSJ they see profitability a year earlier than expected:

Uber's CEO Khosrowshahi vows to tackle Q2 losses, with help from India:

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