Brief China: LYFT Pre-IPO – Drivers and Shared Rides Hold the Key But the Numbers Are Missing and more

In this briefing:

1. LYFT Pre-IPO – Drivers and Shared Rides Hold the Key But the Numbers Are Missing

1. LYFT Pre-IPO – Drivers and Shared Rides Hold the Key But the Numbers Are Missing

Lyft Inc (0812823D US) plans to list in the US at a valuation of US$20-25bn, as per media reports. 

Overall growth numbers have been great but some of the numbers are missing like the quarterly driver numbers, the number of shared riders versus single riders, organic growth in major cities, and progress of Canada operations, to name a few.

In my view, without the quarterly active driver numbers and the full picture of the extent of shared rides, one can’t develop an accurate picture of the business.