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Bloomberg Technology

Massive Amount of Demand Coming Back: Lyft President

Aug.05 — John Zimmer, Lyft president, discusses the ride hailing company’s 2Q earnings that show its first ever quarterly adjusted profit despite driver shortages and the country coming out of the pandemic. He speaks with Emily Chang on “Bloomberg Technology.”

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Aug.05 — John Zimmer, Lyft president, discusses the ride hailing company’s 2Q earnings that show its first ever quarterly adjusted profit despite driver shortages and the country coming out of the pandemic. He speaks with Emily Chang on “Bloomberg Technology.”

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6 Comments

6 Comments

  1. A.S.

    August 5, 2021 at 11:12 pm

    We pay our drivers all time high ???????????? biggest fucking lie

  2. Roma

    August 5, 2021 at 11:12 pm

    still not enough drivers

  3. hangender

    August 5, 2021 at 11:14 pm

    given that we are going back to infinite lockdown…yea there 0 demand coming.

  4. Youssef Hegazy

    August 5, 2021 at 11:35 pm

    In other words : Massive amounts to steal from drivers. Lyft drivers don’t know how much passengers pay, and Lyft takes 50% of the transaction. They are thieves and are way worse than Uber nowadays.
    Edit : Also, he tried to take credit for the mask mandate, even though it’s mandated by the CDC.

  5. mrPmj00

    August 5, 2021 at 11:52 pm

    — AMAZON:
    Yep, I bought a ton on the dip.

    Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

    …With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

    Amazon is investing so much money, that no competitor will ever be able to catch up.

    My strategy is if Amazon keeps going down, I buy more to average cost down..
    I buy using money on the sideline, then I sell other stocks that are up, then I sell other stocks that have lost less than Amazon’s -7.5%. Most stocks that pop or

    drop hard usually recover 50% soon after.
    Amazon’s not going anywhere so I know that eventually it will come back.
    Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

    Get on board or be runover, it’s up to you.

  6. Joel Bondurant

    August 6, 2021 at 12:30 am

    USA brand tax cattle must comply with the Fauci-19 global currency crisis management system.

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TSMC soared while SK Hynix tumbled — why are are the two essential AI chip firms pulling in different directions?

Tom Mackenzie explains.
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Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.”

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AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.”
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