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LYFT POSTS LOSSES DESPITE REVENUE GROWTH, IMPROVES OUTLOOK

Lyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019.

The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year.

But the San Francisco-based company lost $644.2 million in the

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