Lyft warns that the future of its business depends heavily on bikes and scooters

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Lyft warns that the future of its business depends heavily on bikes and scooters
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Lyft now owns bike share programs in some of the US largest cities, and hopes to expand it even further.

Among the filing's risk factors is a dire warning about how much the company is betting on bikes and scooters.

"If we are unable to efficiently grow and further develop our network of shared bikes and scooters, which may not grow as we expect or become profitable over time, and manage the related risks, our business, financial condition and results of operations could be adversely affected," the company said.

But outside those urban centers, bike-and-scooter adoption rates might not be as good, the company warned. "And even if they do, that we will be able to execute on our business strategy or that our related offerings will be successful in such markets."

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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