Lyft CEO bets on 'customer obsession' to drive growth

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David Risher News

Annual Growth Rate,Growth Prospects,Market Domination

Lyft (LYFT) hosted its first-ever investor day, during which the rideshare company unveiled plans to achieve a 15% annual growth rate in gross bookings. Lyft...

) hosted its first-ever investor day, during which the rideshare company unveiled plans to achieve a 15% annual growth rate in gross bookings. Lyft CEO David Risher joins Market Domination to discuss the company's growth prospects .

And the way you do that is you obsess over your drivers and you obsess over your riders and that sort of it.I mean, we're looking at $25 billion in bookings over the next three years by 2027 and the only way you get there is just blowing your customers away. Um The other half of it as you talked about is the drivers and there you guys have made some progress as well.So here's the thing in order to have a healthy, you know, we call it a marketplace, a healthy business.And remember drivers are actually our primary customers.This literally guarantees 100% 100% that every single week a driver will never make less than 70% of what the riders pay after.

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Annual Growth Rate Growth Prospects Market Domination Customer Obsession Rideshare Company Lyft

 

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