2min chapter

Acquired cover image

The Lyft IPO

Acquired

CHAPTER

The Rise of Moderntreasury

The take rate, the sort of main driver of why revenue per ride is up, it's risen from the beginning of 2017 to around 20%, up closer to 30%. It's something like 28% now. So what this is really proving is because they now have loyal customers, they're able to leverage that into the supply side and gain basically power over their drivers.

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